BITTORRENT Price Prediction Today: Daily (BTT) Value Forecast – July 21

• BTT/USD market has now been trading at a near end of the 14-day SMA's sell-signal line at around $0.001 mark.
• Price action breaking past the $0.0012 high; may not be achieved by the bulls in near trading time.

BTT/USD Long-term Trend: Bearish

• Distribution territories: $0.0016, $0.0018, $0.002
• Accumulation territories: $0.0008, $0.0006, $0.0004

In spite of notable reverses from a low value, the market valuation of BTT/USD is yet in a bearish outlook. Between July 3 and 16, it depicted that the crypto-market maintained a kind of perfect downward trend to some reasonable extent. The market has now been trading at a near end of the 14-day SMA's sell-signal line at around $0.001 mark.

The 50-day SMA indicator is over the 14-day SMA indicator. The Stochastic Oscillators have a bit moved up from the oversold zone to now attempting to close the hairs at range 20.

The BTT/USD market is still more prone to responding to downward pressures mostly while price encounters any retarding point in its bid to moving northwards. And, the market point at $0.0012 and the $0.001 territories are expected to be the regions where the sellers/bears may try to establish a point of return in this crypto-trade. Price action breaking past the $0.0012 high; may not be achieved by the bulls in near trading time.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.