BAT is skyrocketing

By raven | Investment | 23 Oct 2019

The value of BAT at this exact moment sees almost a 10% appreciation in the last 24 hours. As I mentioned before, I am very bullish on BAT lately.

We see above a very clear ascending pattern, and the trend might reverse only if that line is crossed downwards. The prospects for the future look very good, with more adoption of the Brave Browser everyday. And we are not yet at the peak of price or volume for this year:

Yearly price and volume for BAT

However, I noticed that BAT/USD price has just broke the 365-day moving average line upwards. I am not sure if this is a strong bullish sign on the long term, but that is how it looks to me. However, it also means that the price is expensive, as compared to what it has been all year. So I might wait a bit for a dip to buy (I sold my BAT some time ago for reasons that I might explain in a future article -- I'm working on it).

BAT price 365-day moving average

What do you guys think, are you bullish or bearish on BAT?

Crypto Brave Browser Price Analysis Basic Attention Token BAT Token

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raven

I've heard of bitcoin a long time ago, but only recently I became interested in investment in general, which brought me to the world of cryptocurrencies. I am also interested in learning to develop blockchain applications.

Investment

In this blog I will talk mainly about cryptocurrencies and other forms of investment. The intention is to share and discuss ideas, so do not take any of this as investment advice.