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Bittorrenttoken

BitTorrent Is Bullish. BTTUSDT 4H 🚀🚀BitTorrent token , BTT is super bullish . Outside the charts there are recent fundamentals driving this structure . Which is BTT Chain, a mighty cross-chain that will inter-operate with several popular blockchains, together with Metaverse solution. As expected all is reflected in the charts. The daily indicator recently made a Higher Low . This is a bullish trend up. The 4-Hour run looks set to begin . Currently in the buy zone , if you will. Ascending channel on the chart. Trendline connecting the higher-highs on 4-Hourly The estimated target is the Daily resistance in the range $0.0048 - $0.0050 . Follow 🚶 @CryptonKidd for daily analysis and buy opportunities Like 👍 idea if you are bullish
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by CryptonKidd
6
BTT ( bittorrent ) test zone1 and test zone2 BUY - WEB_3.0I"ll only buy and hold. 🎯 BTT ( bittorrent ) 🎯Buy1= 0.006000$ 🎯Buy2= 0.003250$ stop= 3%-5% FUNDAMENTAL: Why Web 3.0 Tokens Might Be the Next Hot Trade in Cryptocurrencies Digital assets like livepeer, helium and bittorent have soared in value this year despite the recent slump in cryptocurrencies. By Omkar Godbole Aug 5, 2021 at 12:41 a.m. Updated Aug 24, 2021 at 10:01 p.m. With bitcoin ( BTC , 2.52%) prices stuck in a months-long holding pattern, some cryptocurrency traders are speculating on what might be the next hot market bet: digital assets associated with visions of a decentralized Internet, referred to colloquially as Web 3.0 tokens. Data tracked by Messari and published by Arca Chief Investment Officer Jeff Dorman shows the cryptocurrency sub-sector of "Web 3.0 tokens" gained 22% in the week ended Aug. 1, outshining bitcoin and every other sub-sector, including non-fungible tokens (NFTs). Bitcoin , the largest cryptocurrency by market value, rallied 10%. On a year-to-date basis, tokens associated with decentralized Internet applications have seen an average 244% rise, trailing the NFT sub-sector's 2,726% gain but beating bitcoin's 37% appreciation. Crypto performance Some of the most prominent Web 3.0 coins, such as livepeer (🎯LPT), helium (🎯HNT), and bittorrent (🎯BTT, -2.23%) ( BTT ), are up at least 800% this year, despite a slump in cryptocurrency markets since April, according to Messari. "Seeing the Web 3.0 ecosystem grow exponentially since the beginning of the year and keep the majority of their gains after the capitulation even in May is very positive for the crypto market," Nick Mancini, a research analyst for Trade The Chain, told CoinDesk. "Higher prices are directly linked to increased demand and expansion of services in each layer, and because of this, the ecosystem is able to continue its growth." Web 3.0 refers to a paradigm shift for the Internet run by network participants worldwide and defined by a set of open, trust-minimized and decentralized networks and protocols offering services such as computing, storage, bandwidth, finance and identity. For instance, the Ethereum-based Livepeer protocol offers a marketplace for video infrastructure providers and streaming applications, while Filecoin and The Graph provide decentralized file storage and data management networks. Helium uses blockchains and tokens to incentivize consumers and small businesses to provide and validate wireless coverage and transfer device data over the network. Messari's tracker shows the Web 3.0 tokens sub-sector, which includes over 40 coins, has a total market valuation of $25 billion, excluding oracle provider Chainlink. (The oracle provider is widely associated with decentralized finance and has a market cap of $10 billion). However, just considering prominent projects like The Graph, Filecoin, Helium and Livepeer, the market capitalization of Web 3.0 tokens tallies less than $15 billion. That's just 2% of bitcoin's total market capitalization of $735 billion. But it's similar to the size of the decentralized finance (DeFi) space a year ago. Messari data shows the DeFi subsector now includes 137 assets and is worth over $50 billion. Awaiting Mainstream Attention While the Web 3.0 tokens have outperformed bitcoin and other major coins by a big margin this year, the sector is yet to witness the euphoria or mainstream attention that Bitcoin , Ethereum , DeFi, NFT, and even Ethereum layer 2 projects have received since October 2020. That’s probably because the underlying technology is relatively complex. “Web 3 is not quite as easy as DeFi is to understand, and it's probably 12 months behind DeFi in terms of mainstream awareness,” Kyle Samani, co-founder and managing partner at Multicoin Capital, said. “We expect this to change as consumer-facing applications based on NFTs, social tokens and creator monetization grow over the next 12 months such as Audius, Mirror, and many others.” The DeFi boom began a year ago and has remained intact to date. That sector's market cap has grown from roughly $5 billion in early 2020 to over $50 billion at press time. Samani is confident that Web 3.0 tokens will play catch up as DeFi sometimes gets a bad rep; however, there is no negativity associated yet with the idea of a decentralized internet. Recently, Commodity Futures Trading Commission (CFTC) Commissioner Dan Berkovitz said that DeFi derivatives might be illegal in the U.S. "No one really says that The Graph, an indexing protocol for querying networks like Ethereum and Solana and IPFS, is bad, whereas a lot of people in the existing financial system say that DeFi is bad,” Samani said. "So as the awareness of Web 3 grows, it's hard to see anything but general support and enthusiasm." Institutions Chip In While mainstream adoption is still at least a year away, deep-pocketed investors are pouring money into Web 3.0 tokens. Multicoin Capital is invested in The Graph, Helium, and Livepeer, according to the official website. Grayscale, the world's largest digital assets manager and preferred venue for institutional investors to gain exposure to digital assets, launched a livepeer trust in March. Rayhaneh Sharif-Askary, director of investor relations at Grayscale Investments, told CoinDesk last month that investors are diversifying into Web 3.0 tokens. "It's diversification within the asset class, whether investors want exposure to bitcoin as a store of value, Ethereum for smart contracts," Sharif-Askary said. "And then the other applications beyond that are building upon those networks, and solving other real-world problems," she said, adding that Grayscale's Livepeer trust is structurally identical to the landmark Grayscale Bitcoin Trust ( GBTC ) (Grayscale is a unit of Digital Currency Group, an investment holding company that is also the parent of CoinDesk.) Livepeer's LPT token is up 1,050% this year. The protocol's weekly revenue surged 10-fold to over $10,000 in the February-to-June period, according to data provided by Web3Index. Doug Petkanics, CEO and co-founder at Livepeer, told CoinDesk that online streaming is a $70 billion market and accounts for 80% of the Internet traffic today. Further, the market is set to grow from $70 billion to $250 billion in the next five years, according to analysts' projections, Petkanics said. The prospects for The Graph, and Ocean Protocol are also looking bright , as Messari’s second quarter review said. Aside from the strong use case, many of these Web 3.0 tokens offer attractive yields via Staked, a platform that allows investors to earn yield from staking and DeFi without taking custody of their crypto assets. For instance, Helium's HNT token currently offers an annualized 8.7% nominal yield, while The Graph's the graph ( GRT , 0.40%) offers a 15% yield and LPT offers 30% returns. The high returns led to positive sentiment for these tokens, as reflected in the below sentiment chart. "Traders have been feeling bullish in regard to them, which fuels a network effect," Mancini said. "Traders profit and stake, and, in turn, tell others about the outsized opportunity." The Graph sentiment chart Crypto Market Is Much More Than Bitcoin The days of investors considering crypto markets synonymous with bitcoin are passé. While bitcoin remains the top cryptocurrency by market value, the recent underperformance relative to other coins suggests investors are diving deeper into digital-asset markets to find investments with faster growth potential. "One-week data may not mean much, but if we look over three months, six months, and 12 months, there's a clear shift away from bitcoin into other sub-sectors, Web 3.0 being one of them," Arca’s Jeff Dorman said in a Telegram call. Per Arca's research note published earlier this week, bitcoin has had "both poor up-capture and poor down-capture" this year. In plain English, bitcoin struggled to outperform other major coins during the market-wide downturn observed after mid-April but also underwhelmed as the market recovered in the past couple of weeks. According to Dorman, the data shows that some new investors are bypassing bitcoin and ethereum (ETH, 0.50%) and going directly into other industry sub-sectors. Historically, investors have used the top two coins as gateways.
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by GRAWDAYTRADER
3
BTT USD Prediction (LONG)This is my long-term Bittorrent prediction. I think: in 2026 you can earn 90x x = the amount of money you invest If you put $100 > in 2026 I THINK you earn 90 x 100 = $9000 USD profit. This is informational only, before investing or considering my strategy and analysis, you should research the BitTorrent project on your own. I am not responsible if you fail with my strategy or if you earn a lot of money thanks to me. (Remember this prediction is around 2026 approximately). Privacy is becoming more and more important, so I think: If privacy increases -> BitTorrent increases ... ------------------------------------------------------------------------------------------------ If you teach or take use of my strategy please consider giving credit. Thanks :)
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by TheWaterBottle
2
BitTorrent; a breakout or a pullbackWarning: our thoughts are ours; not financial advice. BitTorrent is another project under our radar, just for speculation purposes only. BitTorrent's price tests the upper line of its ascending channel for the second time in 3 days. It was rejected 3 days back, and yesterday, it printed a bearish candle. Today seems like a very important decision day for the asset; it either breaks this time to the upside or we see a pullback to the lower part of the channel. All-in-all, BitTorrent is still very much on a bullish trend.
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by coin-barbie
2
BitTorrent - BTT coin Good morning traders, I don't do much crypto trading but I have noticed a gradual increase in volumes on BitTorrent. The product is known even to the stones. The coin/token in question is at an all-time low, the project is working and interesting; BitTorrent includes the streaming platform Dlive where you can do staking and BTFS that allows you to mine using your hard disk. In short, the growth potential is high but on the other side analyzing the "negative" sides in my opinion the total supply is really high ( 990,000,000,000 bn btt tokens ) so it is "easily" dumpable. In any case analyzing the price it is possible with a little patience to make a 160% from here to the next months ( on the chart I have indicated a possible point of sale ) . having said that I hardly see it going above 0.01 USD in the future but who knows, maybe burning an interesting amount. P.S I had read somewhere of a phantom collaboration with various large streaming companies including Netflix, but I think it's just hype.
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by AidiDuhanxhiu
BTTBTC completed bullish butterfly | Upto 160% potential tradeThe priceline of BitTorrent (BTT) / Bitcoin cryptocurrency has completed the formation of bullish butterfly and entered in potential reversal zone. The RSI is already oversold and stochastic RSI has given bull cross. From here the price action can hit the sell targets soon insha Allah. I have defined targets using Fibonacci sequence as below: Buy between: 0.00000007 to 0.00000005 Sell between: 0.00000009 to 0.00000013 Regards, Atif Akbar (moon333)
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by moon333
8