Look at this beautiful BAT's bull run!

Look at this beautiful BAT's bull run!


I am a fan of Basic Attention Token. I bought BAT last February when it was 0.13 USD, I didn't regret. It paid off - I got around 200% profit in less than 2 months.

On April 20th, BAT achieved its max value for 2019 - 0.000094 BTC, then it started lower against Bitcoin. It reached a min value on June 27th 0.000022 BTC, as you can see in the following chart.

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If you observe BAT/BTC weekly chart, you can observe that the support 0.000022 is a strong protective barrier for this crypto. In March and September 2018, and this time in June 2019, it was reached and BAT has been bouncing up from this support, reaching 0.00006 BTC last year, and upgrading over 0.00009 BTC in April. The bull runs for this currency usually last 2-3 months before it reverses.

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Now let's have a look at 24hrs chart:

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You can clearly observe that BAT started to rise up since June 27th. In the last 24 hrs on Huobi Global it made a huge come back, increasing 11%, the best performance for any TOP crypto.

In terms of market capitalization BAT on Coingecko is Number 32, but in April it was number 22-29, so if investors invest more in BAT its position is expected to improve. I don't see the BAT project not only in terms of profits and numbers, but also its Brave made a huge improvements in the last days.

What is the forecast for BAT for next months?

One of the best in my opinion, perhaps it can come back to the resistance of 0.00094 and test it, in case it breaks the resistance, we may see BAT/BTC exchange rate at 0.0012-0.0015. 

How do you translate to dollar value? Of course it will depend on Bitcoin value too, in case Bitcoin would trade as today, BAT could make it up to 1.30 - 1.6 dollars per BAT, in case Bitcoin increases to 15,000 dollars then we are talking about another 50% increase. I reckon, that this my speculation, I strongly believe in the value of this crypto, but it's totally worth it to be up to the future BAT development.

What I like about BAT is when other top cryptos are in a flat trend, this one usually rises, so in a crypto portfolio of a trader, this currency can bring pretty good profits in these days.

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cryptovato1
cryptovato1

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