October 18, 2018
Hey BAT birds! Welcome to the Daily BAT Discussion!
Yesterday's Market Movements: Sideways
BAT has been moving sideways, floating between 3100 and 3200 satoshis ($0.21). I'm quite surprised as to how well it's been holding up, as it hasn't retraced that much following our run-up into the 3000 sat levels. The volume has declined quite a bit also, now sitting under 500 BTC volume, less than half of what we saw the previous day. What this says to me is that there's really nobody selling despite buying pressure slowing down. Personally, the next few days are looking good, but anything can happen! Bitcoin took a small correction today, hitting $6300s. $6350 got rejected twice, so it's looking good to be a double bottom. It can always go lower, but I'm an optimist and I'd like to say say how about we move in the opposite direction instead!
This is not financial advice, so remember, invest responsibly! Have a great Friday everybody! Oh yeah, don't forget to check out that sweet new version of Brave!!!!
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