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The BitTorrent price has surged 82% in the last 24 hours to trade at $0.000000899 as of 9:45 p.m. EST, as its trading volume jumped 1,668% to $544 million.

BTT’s surge came about after Tron founder Justin Sun announced on X on December 6 that the blockchain had achieved a significant milestone, boasting 200 million users.

As Tron celebrates reaching 200 million users, I want to extend a special shout out to @Tether_to and its developers. Remarkably, 34,500,061 users on Tron, which represents 17.2% of all our users, now hold #USDT.

— H.E. Justin Sun 孙宇晨 (@justinsuntron) December 6, 2023

BTT has outperformed similar cryptocurrencies within the Ethereum ecosystem, which have increased by 12.7%. Its market capitalization currently stands at $855 million.

BitTorrent Price: Technical Analysis

BitTorent Price Chart Analysis. Source: Tradingview.com — BTTUSD Chart Analysis. Source: Tradingview.com

The BitTorrent price indicates dynamic price movements, as evidenced by a consolidation of buyers around the $0.0000003677 support level, ultimately leading to a decisive breakthrough.

This has set a robust bullish trend that faced rejection at $0.0000005541.

However, bulls have shown resilience at the $0.0000004613 support level coinciding with the 200-day Simple Moving Average, indicating a strong, sustained bullish trajectory reaching $0.000001138.

BTT price has also surpassed the 200-day and 50-day SMAs, adding confidence to the bullish outlook, with these moving averages acting as immediate support levels for the BTT price. The crossover at $0.0000004615 underscores the existing bullish dominance.

The Relative Strength Index (RSI) maintains an elevated level of 93, above the overbought region of 70, indicating sustained momentum and buying pressure.

Bulls are probably eyeing the May 2022 high of $ 0.000001811 as the next formidable resistance, representing a potential 25% upside from the present price.

However, bears could continue the correction phase and assume control, triggering a corrective move toward the $0.000002941 support zone.

For those who may have missed the earlier BTT price surge, exploring the BTCMTX presale token would be the best alternative, given its potential for a 10X return on investment.

BTCMTX Presale Nears $5 Million Milestone

Bitcoin Minetrix (BTCMTX) has already raised an impressive $4.97 million in its current presale phase, inching closer to the target of $5.46 million.

You can acquire BTCMTX tokens at a discounted rate of $0.0121 per token. However, this price will increase as the presale progresses to the next stage, making purchasing tokens at the current lower price advisable.

#BitcoinMinetrix reaches another significant achievement! 🚀

Raising over $4,800,000. pic.twitter.com/b0UC32XoL8

— Bitcoinminetrix (@bitcoinminetrix) December 5, 2023

Exclusive Opportunities For BTCMTX Holders

As a BTCMTX holder, you benefit from potential post-launch price gains and can participate in a $30,000 minedrop giveaway in which ten lucky participants can each win $3,000 worth of BTCMTX.

Furthermore, you can earn passive income by staking your BTCMTX tokens and secure an attractive 121% annual percentage yield (APY).

Buy early, as the APY will gradually decrease as more individuals engage in staking. Currently, over 345 million tokens are already staked.

As per insights shared by Jacob Bury, a cryptocurrency analyst and popular YouTuber with more than 26,000 subscribers, BTCMTX stands out as one of the top 5 presales, presenting the potential for a 10x return on investment.

To join the presale and acquire BTCMTX tokens, you can use ETH, BNB, USDT, or MATIC via the official Bitcoin Minetrix website. Alternatively, you can directly purchase tokens using a bank card.