BTX: REVERSAL OR JUST A BOUNCE?
$BTX dropped ~16% from the recent high and bounced from the 0.0128 area.
That bounce is real, but it’s not a confirmed reversal yet.
What we see:
Strong reaction at 0.0128 (buyers defended)
Price still below key moving averages
Downtrend structure not broken
This looks like a relief bounce after a sharp sell-off, not a trend change.
Key levels:
Support: 0.0128
Resistance: 0.0139–0.0143
Major confirmation: reclaim & hold above 0.0148 with volume
Volume matters:
Sell-off volume > bounce volume
Buyers are cautious, sellers were aggressive
Conclusion:
Reversal is possible, but confirmation is missing.
If price fails near resistance, a retest of support is still on the table.
In small caps, patience beats prediction.
BTX
Alpha
0.011754
+0.27%