Justin Sun made his "big" announcement today, and per usual, the rumor caused a price spike on BTT as well as TRX the other day.
I'm still bullish on BTT; call Justin Sun what you will, but his marketing is brilliant. I like to think the product he puts out is at least half as good as his marketing, even though I constantly see many people bashing him on Twitter and writing Tron and Bittorent off as scams. He's a go-getter. Literally nobody else in the crypto space (to my knowledge) has even attempted to try to knock some sense into old man Buffett. Being the legend he is, I'm so surprised that for all this time he's been crapping all over Bitcoin, but somehow thinks there's a future in Blockchain - "Blockchaiiiiiin not Bitcoiiiiiin!"(Shout out to the Crypto Lark for the lyrics)
Imagine for a second that Justin Sun becomes a main catalyst for mass adoption. You'd get at least one "banana town" out of Carter Thomas, that's for sure.
Whether you think we're just about to enter another crypto bull run in the next two months or think it won't happen for another two years, Bittorrent is going to be Yuge. Mark my words right now.
For the immediate short term, I'm waiting for this down channel to play out, and will obviously be looking for a breakout at the top of the channel, contingent upon seeing an increase in bull volume.
If you've been riding this BTT wave for the past two weeks now, awesome. Lots of fun. I'm always trying to find diamonds in the rough to add to my portfolio, if nothing else, for the thrill of it possibly going huge.
In this case, I think BTT has ridiculous potential. I've had a lot of fun in the past week, and the chart is looking good.
Never financial advice; I'm just another dude talking about crypto on the internet! Deuces!