BTTBTC
is presenting a great investment opportunity. Buy-Signal:
I watched during the bull market in 2017 the following pattern more than once. There is a project which got hyped in the beginning, was quickly forgotten and got sold to the floor. Once everyone was on the side walk and no one was interested, some great new came and suddenly everyone who lost confidence is panic buying into the coin. BitTorrent has exactly this set up. I don't need to look at the chart (which doesn't have enough data anyways) to tell you that BTT is the coin to buy right now.
Reason for a probable Fomo run:
1. This coin is backed up by strong names of the industry (Binance, Justin Sun etc.) which won't let BTT die off at 10 Satoshi.
2. The coin got hyped in the beginning and lost a lot of value, which means people are aware of the project and won't hesitate to buy, once the price action begins.
3. The name itself will create confidence. People would much rather buy a branded coin, then some no-name project. Even new investors would tend to feel comfortable with BTT because they might have heard of or used BitTorrent.
Targets:
It is hard to predict targets since the coin is new and there is not much data available. The first target should be the all-time high which is about 37 Satoshi. Afterwards, we have to play the sentiment. If we try to estimate a target by looking at the current market cap, then we could assume that 5 - 10 x would be possible. If crypto would go back into a bull market and the overall market cap would rise, then the sky would be the limit.
I hope that was helpful.
Best,
Felix Kewa
Comment:
Very good signal, guys. BTT stayed basically on the same level during the recent run, which means it got value in terms of dollars and didn't drop 50% like other alt coins. This is a strong signal and means that there are not a lot of sellers hitting the market. It will take some patience, but this is a high probability investment/trade.
Comment:
We get some movement into BTT. People will start to accumulate, after the recent bitcoin run. Just be patient, guys.
Comment:
BTC starts to push. We might go down again and form a double bottom, but I’m sure we won’t go lower than 9/10 Satoshi. In dollar value, BTT doubled since I gave the call.
Comment:
BTT*
Comment:
In terms of dollar value we made a 200% profit since my call. Definitely take some risk off here.