BTT Price Prediction: Bulls Struggling for Upside Momentum Despite Slight Recovery

Bullish BTT price predictions following the break of the wedge pattern are still struggling for actualization. So far, bullish momentum has been sparse, preventing the price from attaining the completion point of the measured move.

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BTT Price Prediction

The bulls successfully defended the 0.00383441 support following the 10 October decline. The intraday bounce of the day needs additional momentum before the price action hits 0.00462121. Above this level, the 13 August high at 0.00507422 and the 0.00537351 resistance levels constitute resistance barriers to the north. This move completes the breakout of the falling wedge on the daily chart.

On the other hand, a decline below 0.00383441 could follow a lack of buying momentum. Such a decline also takes out the ascending trendline support, which connects recent daily lows. In this scenario, 0.00297609 becomes the immediate target, followed by 0.00259461 and 0.00192703, respectively.

BTT Price Chart: Daily

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