BitTorrent Price Prediction: BTT Keeps Pumping With A 21% Jump As This New Coin Races To $3 Million In Presale

Updated: 31 October 2023

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BitTorrent price surged 21%, with the token trading at $0.0000005081 as of 1 a.m. EST, and it’s also up 30% in the past month.

This massive surge over 30 days can be attributed to a strategic partnership earlier this month between the BitTorrent community and the Tron ecosystem that has since seen growing enthusiasm around BitTorrent.

💡The strategic partnership between #BitTorrent and #Tron Network to create the BitTorrent coin was a game changer for the crypto industry, and rightfully so. By leveraging Tron’s robust ecosystem, the BitTorrent protocol has managed to use the #BTT token to incentivize its users… pic.twitter.com/BegeQpHYx0
— BitTorrent Community (@TheBTTCommunity) October 7, 2023

BitTorrent Price Analysis

BitTorrent price could potentially be poised for a bull run in the near future, as several indicators point out. Looking at the 4-hour BTT/USD charts, the 15-day moving average has exceeded the 30-day moving average.

This forms a golden cross, which gives a positive indication for a bull run on BitTorrent Price. The RSI is also on an upward trajectory in the overbought region, showing bull dominance on BitTorrent price. The MACD is also moving in the green zone. All these indicators point out bull dominance on BTT.

Bulls now look to break above the $0.0000005393 resistance level as they hold on to the critical $0.000000452 support level.

Volatility levels on BitTorrent price are high, as seen from the Bollinger Bands, which are now diverging. These levels will likely remain high due to the token’s increasing trading volume. BTT’s trading volume had surged by 27% in 24 hours.

As BitTorrent price holds the prospect of a future rally, Bitcoin Minetrix’s BTCMTX has the potential to explode after the completion of its pre-sale.

Bitcoin Minetrix Edges in on $3 Million

It’s gaining more investor confidence day by day. With stage 4 of its presale nearing completion, the project has achieved a significant milestone, raising over $2.8 million, marking a successful fundraising round.

With its unique approach to integrating stakeholding and cloud mining, Bitcoin Minetrix continues to push the boundaries of the industry.

Bitcoin Minetrix envisions a future for cloud mining that prioritizes stakeholding and transparency. By emphasizing principles such as transparency, autonomy, and security, the project seeks to establish itself as a trailblazer in tokenized cloud mining. The mission is to create a reliable avenue for BTC mining accessible to a broader range of participants.

Why Bitcoin Minetrix Stands Out

The concept of cloud mining itself entails participation in Bitcoin mining without the need to own or maintain mining equipment personally. Bitcoin

Minetrix aims to capitalize on this by providing a seamless and user-friendly platform for users to engage in the mining process, leveraging the benefits of the cloud.

The innovative model of Bitcoin Minetrix offers numerous benefits for participants seeking to delve into the world of Bitcoin mining:

Elimination of substantial upfront hardware expenses.
Reduction in the requirement for specialized technical expertise.
Potential for passive rewards, providing an accessible avenue for individuals interested in passive income generation.

As Bitcoin Minetrix concludes Stage 4, its success in securing substantial funding underscores the growing interest and confidence in its mission to democratize and simplify the process of Bitcoin mining, paving the way for a more inclusive and accessible mining landscape.

With the project’s momentum and clear vision, stakeholders eagerly anticipate the upcoming developments in tokenized cloud mining. As you watch out for a potential BitTorrent price rally and other investment options, remember to be part of the pre-sale before prices surge.

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