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<p>The price of BTT has surged by 33% today after a continuous downward movement in close to 2 months. As <a href="https://twitter.com/CoinRaces/status/1755545675625025735" target="_blank" rel="nofollow"><strong>CoinRaces</strong> stated</a>, “BITTORRENT $BTT is breaking out. A cryptocurrency associated with the BitTorrent peer-to-peer file sharing network…. 24h Price Change: Up 34% 24h Volume Change: Up 257%.” This major breakout signals a reversal of the downward trend BTT has been in since December 13.</p> 
<p><strong>From Technical Analysis</strong></p> 
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<p>Further analysis of price charts shows that the breakout occurred as BTT moved out of a descending channel it had been stuck in. The current price of $0.0000010 is approaching the top of that former channel at $0.0000014. This is an extremely positive technical signal that could set the stage for further gains.</p>  
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<p>The large surge in trading volume, up 257% in 24 hours per <strong>CoinRaces</strong>, shows there is substantial interest and momentum behind this BTT price breakout. If volume remains strong, BTT could continue its ascent to retest former resistance levels.</p> 
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<p>The post <a href="https://captainaltcoin.com/why-is-bittorrents-btt-price-up-today-crucial-breakout-sets-stage-for-more-leg-up/">Why Is BitTorrent’s BTT Price Up Today? Crucial Breakout Sets Stage For More Leg Up</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Why Is BitTorrent’s BTT Price Up Today? Crucial Breakout Sets Stage For More Leg Up

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