Buy 100% · Sell 0%
BTT USDT
BitTorrent
Short summary for BTT
Scenario, levels and timeframe alignment.
Dominant share 100%
4 of 4 TF support LONG
LONG prevails on the 4h and 1d timeframes, while the 15m and 1h timeframes more often point higher. Shorter and longer timeframes are aligned, making market structure noticeably clearer.
BTT does not have enough closed trades for local statistics yet, but signals and the public feed are already available.
BTT is better approached with patience right now. Main reference: 4h, current scenario: "LONG is late: do not chase".
Signal balance: buyers 100%, neutral 0%, sellers 0%. The current bias is on the buyer side, but entries should still be checked against the working timeframe. Timeframes: 4 of 4 TF support LONG.
BTT trade history is still building, so current structure matters most now: scenario, signal balance and chart levels.
BitTorrent was initially conceived by Bram Cohen, a peer-to-peer protocol for users to transfer files around the world. The BitTorrent Token (BTT), a TRC-10 token is created on top of the TRON blockchain platform as a way to extend the capability of BitTorrent. The token is added to introduce some economics feature on BitTorrent for networking, bandwidth, and storage resources to be shared and tradeed.
Some of the other feature that BitTorrent Token (BTT) offers would be BitTorrent Speed. This is whereby BTT tokens can be big in exchange for faster download speed.
List of exchanges trading BTT token can be found at https://www.coingecko.com/en/coins/bittorrent/trading_exchanges