Even though Bitcoin remains in the green, for the time being, it would appear there is some bearish pressure forming on the hourly candles. That is not entirely unlikely, as this is an odd time of day to trade cryptocurrencies. The BitTorrent Token price is trying to hold on to its minor gains, yet it seems unlikely this market won’t dip in the red later today. However, the wave of positive news may help keep this market afloat for a little while longer.
BitTorrent Token Price Momentum Remains Uncertain
It is evident all of the alternative markets are on edge right now. More specifically, the promising Bitcoin price trend hasn’t necessarily remained in place. Although those gains have not been lost, continuing the uptrend has proven to be extremely difficult, if not impossible. As the hype and excitement ebb away, it seems the altcoins, tokens, and assets will turn bearish again as well. BitTorrent Token is one example, although there are many different developments taking place behind the scenes.
Over the past 24…