Token $BTTC is in a phase of stillness and consolidation due to three main factors:
Mass Supply: It has a circulating supply of almost 1 trillion tokens. This means that an extremely large amount of capital is required for the unit price to rise significantly.
Technical Compression: The chart has been in total compression, where the price and moving averages are moving within a very narrow range. This is interpreted as a period of accumulation that precedes a possible strong movement, although the direction is not guaranteed.
Catalyst Shortage: Although the TRON team continues to develop the project (such as support for BTTC 2.0 and token burns), the overall calm of the market and the lack of explosive news in the short term keep the price sideways.
In summary: $BTTC needs a massive capital influx to overcome the dilution of its enormous supply and finish the current technical compression phase.
#BTTC #Bittorent #Tron #BTTC. #Binance
