BitTorrent: dip or bounce? key levels for the next few daysBitTorrent Coin – dip or gift? Over the last days BTT got hammered together with the broader alt market after headlines about renewed risk-off sentiment and cooling hype in micro-cap coins, and you can see that straight drop on the 4H. Now price is sitting right inside a big historical demand zone where buyers previously launched the last impulse.
On the 4H chart RSI is oversold and starting to curl, while volume spiked on the selloff then cooled off – classic “exhaustion” vibes. I’m leaning long from this green zone, looking for a relief bounce back into the mid red supply area as late shorts take profit and fresh dip-buyers step in. I might be wrong, but this looks more like forced liquidation than smart-money distribution.
My basic plan: ✅ accumulate only inside the green box with tight risk below the lower boundary, targeting a move back toward the upper red zone. If price slices cleanly through support and RSI stays buried, that invalidates the bounce idea and opens the door for a deeper flush, so I’m out and waiting lower. For now I’m stalking entries, not chasing candles in the middle of the range.
