BAT / BTC " BASIC ATTENTION TOKEN OUTLOOK "
BAT / BTC , as well as BAT / USD are both oversold.
After increasing to $1.00+ against USD , and +90k sats for BTC, BAT has taken a tremendous downturn over the last several months.
With the semi-bust and non-adaptability of the "Brave" browser, and the lackluster support and downloads of users to the application has probably played a part in the lack of excitement here.
This is one of the most owned coins/tokens by crypto hedge funds around the world. When it runs, it has the tendency to really pile over itself, as we saw as we went $1+ for a short time last year.
Now that we are touching a major historical support zone, i expect BAT to range w/i 10-13% of its current price while it goes sideways through the zone.
We may do this for several days-weeks. At current its up 7.14% on the day, and seems to be cooling off temporarily.
Long term (6-12 months) this is a phenomenal hold in my opinion, and may rise as high as 3-4x over the next year or so.
Short term (3-6 months) this is a good hold in my opinion, and may rise as high as 60-70% + over the next 180 days or so.
Immediate Term (1d-1mo) this is a fair hold in my opinion, and may rise to the target points, and net 20-30% over the next 30 days or so.
After increasing to $1.00+ against USD , and +90k sats for BTC, BAT has taken a tremendous downturn over the last several months.
With the semi-bust and non-adaptability of the "Brave" browser, and the lackluster support and downloads of users to the application has probably played a part in the lack of excitement here.
This is one of the most owned coins/tokens by crypto hedge funds around the world. When it runs, it has the tendency to really pile over itself, as we saw as we went $1+ for a short time last year.
Now that we are touching a major historical support zone, i expect BAT to range w/i 10-13% of its current price while it goes sideways through the zone.
We may do this for several days-weeks. At current its up 7.14% on the day, and seems to be cooling off temporarily.
Long term (6-12 months) this is a phenomenal hold in my opinion, and may rise as high as 3-4x over the next year or so.
Short term (3-6 months) this is a good hold in my opinion, and may rise as high as 60-70% + over the next 180 days or so.
Immediate Term (1d-1mo) this is a fair hold in my opinion, and may rise to the target points, and net 20-30% over the next 30 days or so.