I'm more bullish on BitTorrent. because it has been consolidating for 20 days since the all time high.
and yesterday on the weekly chart we touched the 55 EMA, which really needed it. which I was concerned about it before yesterday.
Now, BitTorrent is really ready to fly. let's hope the BitTorrent team publishes good news about the (BTFS) and I see you at the moon.
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Bearish scenarios?
It's hard to clearly tell. BUT, if we dump, it could be head and shoulders or going down to forming a W pattern which at the end, it will take us to a trip to the moon.
There is a 20% chance of dumping again. let's see how Bitcoin can stabilize this weekend.
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I'm holding BitTorrent since January and I'm watching it closely since then,
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Do your own research before you buy or sell and I’m not a financial advisor.