Bitcoin Token (BTCT) What Does the Chart Say Wednesday?

Wednesday, March 02, 2022 08:05 AM | InvestorsObserver Analysts

Bitcoin Token receives an average short-term technical ranking of 39 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. BTCT has a superior recent technical analysis than 39% of coins based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving Bitcoin Token a 39 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Token!

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Trading Analysis

BTCT is currently $0.000007 (0.54%) above its 30-day low of $0.001312632 and -$0.038041 (-96.65%) below its 30-day high of $0.03936046. Additionally, BTCT is under its average price of $0.002277842 over the past month of trading with its current price of $0.001319754. Overall, the recent trading history of Bitcoin Token suggest that traders are currently neutral on the coin. BTCT has a low market cap compared to the majority of coins with a total market value of $18,199.99. Bitcoin Token's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Bitcoin Token's average volume is low as $15.89 worth of the coin is typically traded over a 24 hour period. BTCT's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the past 24 hours BTCT's volume is below its average with $2.15 exchanged.

Summary

BTCT's recent trading over the past month give it an average short-term technical score as its recent price movement give traders reason to be more neutral on the coin in the short-term. Click Here to get the full Report on Bitcoin Token (BTCT).