Bitcoin Token (BTCT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has declined 32.38% to $0.001567934012.
Highly Volatile
InvestorsObserver gives Bitcoin Token a high volatility rank of 97, placing it in the top 3% of cryptos on the market.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
BTCT’s high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
Bitcoin Token price is in a good position going forward. With support at $0.00126979877627495 and resistance near $0.00173480778853449. This leaves Bitcoin Token with room to run before facing selling pressures.
What is a Coin?
A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.
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