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Bittorent surprise rally

bkasante - 2024-08-21 16:17:27

Bittorent surprise rally


Bittorent has rallied by 21% in the past 24 hours.


1000BTTUSDT.P 4h _2024-08-21_14-58-19_104b5.png


The price of Bittorent has rallied by 21% in the past 24 hours and this increase in price is linked to the rise of cryptocurrencies linked to Tron founder.
This week Justin Sun the Tron founder secured a win in His case against the Sec and He also announced the launch of a memecoin platform on the Tron blockchain, all these events are bullish for Tron and its ecosystem.


parrot X account post on Btt.png


Parrotcoin X account posted about how Bittorent price increase was undeterred by the slowdown of Bitcoin and is currently surging.


Xrp sy X account post on Btt.png


Yeah xrp_sy X is bullish on Bittorent and posted about how the price of Bittorent will rise after it finds support.


1000BTTUSDT.P 4h _2024-08-21_14-58-19_104b5.png


The price of Bittorent on the 4 hour timeframe is bullish the price is above the cloud and all the cloud indicators are all bullish.


1000BTTUSDT.P 1d _2024-08-21_14-59-10_4656f.png


Bittorent price on the 1 day timeframe is not yet bullish since the price has not broken above the cloud yet and the lagging span is not above the cloud.


1000BTTUSDT.P 1w _2024-08-21_15-00-29_31c3e.png


Bittorent price on the 1 week timeframe is bearish since the price is below the cloud and the cloud indicators are all bearish.


1000BTTUSDT.P 1month _2024-08-21_15-00-52_6aa4b.png


The conversion line is above the base line on the 1 month timeframe but the price is below the conversion line, price on the 1 month timeframe is therefore bearish.