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Options European options group with put and call options of different strike prices and exercise dates.
It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. Currencies that are positively correlated with Bitcoin 3x Daily Short indicate that the movement of one has a statistically significant weight to lead the other in the same direction.
After you register on MEXC and successfully purchase first USDT or BTC3S tokens, you can start trading derivatives such as BTC3S futures to gain higher income. You can easily buy BTC3S with the lowest fees and highest security levels anywhere MEXC is available. This year, the Fed has lifted interest rates to levels not seen since before the 2008 financial crisis in response to runaway inflation that some fear could spiral out of control. Bitcoin BTC and cryptocurrencies remain under severe pressure following the collapse of the major crypto exchange FTX . I write about how bitcoin, crypto and blockchain can change the world. After migration, many crypto experts have suggested that the BitTorrent Coin value will continue to expand.
Choose how you want to buy the BTC3S (BTC3S) crypto tokens.
The bitcoin price has plummeted over the last 12 months, dragging down the wider bitcoin and crypto market—though Tesla billionaire sent the price of one bitcoin rival sharply higher. As per our price analysis, the long-term investment in BTTC Coin appears to be a good option to consider. Even though the price seems bullish, Bit Torrent Coin and other Cryptos are volatile and can change their price direction at any time.
By signing up on such platforms you can easily add BTTC Coin to your crypto portfolio. After its acquisition, BitTorrent has added various new tools, with a dedicated native cryptocurrency token, BTT Coin. If you are planning to trade crypto, please consult a financial adviser.
You can predict cryptocurrency prices by considering both on-chain and off_chain metrics, as well as technical indicators that take into account Bitcoin 3x Daily Short’s past price performance. Another tool you can use is to gauge the market sentiment to see whether investors are optimistic or pessimistic about Bitcoin 3x Daily Short. Keep in mind that there is no way to predict the future with 100% success, and past performance is no guarantee of future results. Some traders try to identify candlestick patterns when making a cryptocurrency price prediction to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
The first choice is a hardware wallet, and then you can go with the official coin wallet and third-party software wallets. Bitcoin 3x Daily Short’s 14-day RSI is at 17.36, indicating that BTC3S is currently overvalued. In MEXC Learn, you will find step-by-step guides on how to successfully execute futures trades.
BTC3S Price & Market Stats
1227 days have passed since then, and now the price is 0.00% of the maximum. 3X Short Bitcoin Token Dec 24, 2019 had the highest price, at that time trading at its all-time high of $158.1. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Traders usually interpret a death cross as a bearish signal for future price action, but the actual usefulness of this metric is controversial. The Bitcoin 3x Daily Short golden cross, on the other hand, is generally interpreted as bullish and happens when the 50-day SMA rises above the 200-day SMA. The 200-day SMA is calculated by taking Bitcoin 3x Daily Short’s closing prices in the last 200 days, adding them together, and dividing the total by 200. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. The below table shows all exchanges where you can buy BTC3S crypto. For some exchanges there is depth percent it shows how much liquidity is available, live bids 2% up or down from the current price.
- The market capitalization of Bitcoin 3x Daily Short can change significantly in a short period of time.
- In the bear market, along with BTC and ETH, BTTC Coin has also lost its value by 80%.
- Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of BTC3S.
We rank top in the quantity of crypto listed among the first-tier exchanges. Now that you bought your crypto, you can hold it in your MEXC Account Wallet or send it somewhere else via blockchain transfer. You can also trade for other crypto or stake it on MEXC Earning Products for passive income . But before you can buy BTC3S , you’ll need to open an account and pass KYC . Telegaon is an analytics firm that analyzes the behavior of digital assets and stocks. All the information provided here is only for general purposes that shouldn’t be considered financial advice.
Popular BTC3S Moving Averages and Oscillators for Thu, May 04, 2023
For more details, please refer to Clause 12.2 of our privacy policy and Clause 5.2 in our terms of use. You can calculate/convert USDT from 3X Short Bitcoin Token to Tether converter. Using the calculator/converter on this page, you can make the necessary calculations with a pair of 3X Short Bitcoin Token/Tether. Advanced KYC and Primary KYC. If you’re a seasoned professional and want to invest heavily in crypto, choose advanced KYC and if you’re a newbie and want to get started with trading, choose primary KYC.
Just like with any other asset, the price action of Bitcoin 3x Daily Short is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of BTC3S. The market capitalization of Bitcoin 3x Daily Short can change significantly in a short period of time. Many cryptocurrency traders pay close attention to the markets when the current Bitcoin 3x Daily Short price crosses an important moving average like the 200-day SMA.
What has been the 3X Short Bitcoin Token to Tether trading volume in the last 24 hours?
After such a long journey, along with BTTC Coin, many cryptos can hit their new all-time high this year. The new listings on premium exchanges, token burning, and new initiatives may help BitTorrent-New token to skyrocket. The maximum price is expected to be trading around $25.67 if current btc3s coin market growth continues. Moving averages are among the most popular Bitcoin 3x Daily Short price prediction tools. As the name suggests, a moving average provides the average closing price for BTC3S over a selected time frame, which is divided into a number of periods of the same length.
For example, a 12-day simple moving average for BTC3S is a sum of BTC3S’s closing prices over the last 12 days which is then divided by 12. 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the BTC3S price moves above any of these averages, it is generally seen as a bullish sign for Bitcoin 3x Daily Short. Conversely, a drop below an important moving average is usually a sign of weakness in the BTC3S market. The purpose of a moving average is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action.
As per our long-term BTTC Coin price analysis, it can give handsome returns to its investors in 2040. Our maximum price prediction for BitTorrent Coin is $7.12 in 2040. While the minimum price level can be around $3.67 if the market gets down. Due to the backing of the Torrent Community, BTTC Coin looks promising in the long term. As per our price forecast, the year 2050 can end with an average price of $19.45 while the minimum price value of a BTTC Coin can be around $15.32.
Apart from its popularity amount among the crypto community, Bit Torrent is continuing to develop its own ecosystem. As a result, BTT Coin is among the most innovative altcoins that gained investors’ eyes in the crypto space. For the last 24 hours, Tether on the MEXC Global exchange is only one trading pair for BTC3S with a trading volume of $484.5 K. When trying to make a Bitcoin 3x Daily Short forecast, many traders also try to monitor the activity of BTC3S “whales”, which are entities and individuals that control large amounts of BTC3S.
However, we need to wait some more months to predict the future of the Bit Torrent coin more precisely. In the bear market, along with BTC and ETH, BTTC Coin has also lost its value by 80%. Due to extremely volatile behavior, many traders use to ask whether BTT Coin is for the long term or just a pump and dump.
The bitcoin price has crashed by around 70% since hitting its all-time high around a year ago. We have coin market data from 22 Dec 2019, the lowest rate was on Apr 2023, 2 weeks ago, it worthed $0.011. The Best year in which BTC3S value increased the most was 2022 BTC3S value https://cryptolisting.org/ jumped from $0.342 to $2.78. The Worst year in which the price declined from $0.937 to $0.038 was 2020. These data are also third-party sourced it may not be be 100% accurate. We are relying on exchanges to provide transparency on the holdings/liabilities that they have.
However, in the current market situation, BitTorrent Coin is struggling to save its position. There are strong possibilities that the next bull rally may help BTTC to recover some value. BTC3S is only traded on one exchange MEXC Global and has only one pair of USDT. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the BTC3S price.
It indicates that in the upcoming years, the BitTorrent team may burn its token supply by 50% or more. If you’re looking for token burning and expecting a rise in BTTC prices, you need to keep an eye on the burning events closely. However, it’s always not necessary that token burning will increase the price of a token. Originally BTTC Coin belongs to the BitTorrent platform which is the world’s most popular torrent community. Before BitTorrent Coin was known as the BTT Coin but after migration to the new contract address, BitTorrent Coin renamed its ticker symbol as BTTC.
Different pairs are listed separately with the corresponding volume. The top exchange by buy/sell volume for the last 24h is MEXC Global with usdt trading pair. Now, renowned bitcoin and crypto bull Mike Novogratz has scrapped his $500,000 per bitcoin in five years price prediction, blaming the Federal Reserve’s brutal series of interest rate hikes this year .