BitTorrent Price Prediction 2023-2032: Is BTT a Good Investment?

BitTorrent Price Predictions 2023-2032

Those who request data buy and spend BTT tokens or wish to increase their download speed. What’s happening to the BitTorrent network that can motivate us to check out the BitTorrent Price Prediction?

#BTT Staking APY is now over 15% on #BitTorrent Chain, with over 46,833b $BTT in total staked!

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Since its launch in 2000, BitTorrent has struggled to monetize its massively popular service into a profitable investment. To that end, BitTorrent was acquired by the Tron Foundation, creators of the Tron blockchain, in 2019. The new ownership then introduced BitTorrent to the crypto market to help expand BitTorrent protocol and incentivize the volume of users or traders on the network.

This BitTorrent price prediction will reveal more about BTT’s potential for surviving the crypto winter, through its market of the most extensive file-sharing protocol with more than 100 million users.

How much is BTT worth?

Today’s BitTorrent-New price is $0.0000004829 with a 24-hour trading volume of $15,993,178. BitTorrent-New is down 0.84% in the last 24 hours. The current CoinMarketCap ranking is #83, with a live market cap of $454,695,526 USD. It has a circulating supply of 951,421,714,286,000 BTT coins and the max. supply is not available.

BitTorrent price analysis: Bearish Trend Continues for BitTorrent (BTT) as Price Tests Key Support Levels

  • BTT trading within a falling channel
  • BTT could breakout near the lower trendline at $0.00000047
  • BTT trading below the 20-day moving average

BTT price analysis 1-day chart: BitTorrent to retest $0.00000061 and breakout?

On the daily chart, BTT is trading on a falling channel, indicating a bearish trend, where selling pressure outweighs buying pressure in the market. Traders may look for opportunities to enter short positions near the upper trendline of the channel, anticipating further downward movement. Conversely, buying opportunities could exist near the lower trendline at $0.00000047, if there are signs of a reversal or a breakout from the falling channel.

BTT price analysis 4-hour chart: Bears to take BTT to $0.00000047?

Based on a comprehensive analysis of the 4-hour price chart for BTT (BitTorrent Token), we observe that the asset’s current price is situated below its 20-day moving average. This indicates a short-term bearish sentiment or a potential downtrend in the crypto market. 

The 20-day moving average is commonly used as a trend-following indicator, and when the price falls below it, it suggests a weakening bullish momentum or a potential shift toward bearish conditions. Additionally, the Relative Strength Index (RSI) is currently at 49.15, which signifies that BTT is trading within a neutral zone.

BitTorrent-New (BTT) Price Prediction 2023-2032

Price Prediction by Cryptopolitan 

Despite the recent bearish trend experienced by BTT, which has seen a decline of 2.08% in the past month and a significant drop of 25.40% since the beginning of 2023, crypto analysts hold an optimistic outlook for a potential market recovery in the latter part of 2023. This recovery has the potential to positively impact BTT’s fortunes. Looking ahead, here are some BitTorrent-New price predictions for the period between 2023 and 2032.

YearMinimum Price ($)Average Price ($)Maximum Price ($)
20230.000000560.000000580.00000066
20240.000000830.000000860.00000097
20250.000001230.000001260.00000145
20260.000001730.000001780.00000212
20270.000002600.000002670.00000296
20280.000003890.000004030.00000457
20290.000005940.000006140.00000694
20300.000008620.000008930.00001054
20310.000012740.000013090.00001485
20320.000018500.000019030.00002159

BitTorrent (BTT) Price Prediction 2023

Our BitTorrent price prediction for 2023 suggests that there will be steady growth with the possibility of reaching a maximum price of $0.00000066. On average, the market price is expected to be around $0.00000058, and the lowest price could be $0.00000056.

BitTorrent (BTT) Price Prediction 2024

According to our BitTorrent price prediction for 2024, we anticipate a continued upward trend in the value of BTT, potentially reaching a maximum price of $0.00000097. Traders should be prepared for the cryptocurrency’s value to fluctuate between a low of $0.00000083 and an average of approximately $0.00000086.

BitTorrent Price Prediction 2025

Looking towards 2025, our BitTorrent price prediction indicates that there is potential for BTT to reach a high price of $0.00000145. Meanwhile, we estimate the minimum value for BTT to be approximately $0.00000123, with an anticipated average market price of $0.00000126.

BitTorrent (BTT) Price Prediction 2026

For 2026, our BitTorrent price prediction indicates a maximum price of $0.00000212 and a minimum price of around $0.00000173. The expected average market price is approximately $0.00000178

BitTorrent Price Prediction 2027

Our 2027 BitTorrent price forecast suggests significant growth for BTT. It may reach a maximum price of $0.00000296, reflecting a 516.67% increase from its current value. The minimum and average prices are projected to rise to $0.00000260 and $0.00000267, respectively.

BitTorrent (BTT) Price Prediction 2028

According to our analysis, the projected price for BitTorrent (BTT) in 2028 indicates a substantial surge of 852%, potentially reaching a maximum value of $0.00000457 per BTT-New. The average price for BTT is expected to reach $0.00000403, with no anticipated dips below $0.00000389.

BitTorrent (BTT) Price Prediction 2029

OurBitTorrent price prediction for 2029 indicates potential gains in the market, with a projected maximum price of $0.00000694 and a minimum price of $0.00000594. The average market price for BTT during this period is estimated to be approximately $0.00000614.

BitTorrent Price Prediction 2030

According to our analysis, the projected price range for BitTorrent (BTT) in 2030 suggests a maximum value of $0.00001054 by the year’s end. On the other hand, the minimum estimated price for BTT is anticipated to be around $0.00000862, with an average estimated price of approximately $0.00000893.

BitTorrent (BTT) Price Prediction 2031

Based on our comprehensive analysis, our BitTorrent price forecast for 2031 indicates a significant increase in the value of BTT, reaching a maximum price of $0.00001485. Our findings suggest that the minimum projected price for the asset is approximately $0.00001274, while the market’s average price is expected to be around $0.00001309.

BitTorrent (BTT) Price Prediction 2032

According to our BitTorrent price prediction for 2032, it is anticipated that the value of BTT could reach a maximum price of $0.00002159, a minimum price of $0.00001850, and an average price of $0.00001903. 

BitTorrent Price Prediction by Wallet Investor 

According to Wallet Investor’s BitTorrent-New price forecast, there is a projected decline in the value of the coin in the upcoming months. The market price of BitTorrent-New is expected to potentially reach as low as 0.000000111 USD by 2024. As a result, Wallet Investor considers BitTorrent-New to be an unfavorable investment for the future. They anticipate that the price of BTT may experience fluctuations ranging from $0.000000395 to $0.000000482 in the upcoming days.

BitTorrent Price Prediction by Technewsleader

According to Technewsleader, there is a possibility that the value of BitTorrent (BTT) could reach $0.00000117 by 2024. Additionally, their forecasting model suggests a five-year projection of $0.00000367. Looking further ahead, the prediction indicates that BitTorrent might potentially achieve a price of $0.00001541 by 2032.

BitTorrent Price Prediction by Digitalcoinprice

According to Digitalcoinprice’s analysis, BitTorrent (BTT) is expected to demonstrate potential growth over the coming years. Their projections suggest that in 2023, the maximum price for BitTorrent could reach $0.00000105. By 2025, it is anticipated to rise to $0.00000172, and further increase to $0.00000221 by 2026. Looking ahead, by 2028, the average price of BitTorrent is predicted to be around $0.00000261, with the maximum price reaching $0.00000265.

By 2029, Digitalcoinprice predicts a maximum market price of $0.00000360 and a minimum price of $0.00000326. Their optimistic outlook continues into 2032, where they anticipate a significant increase, with BitTorrent potentially reaching $0.00000941.

BitTorrent Overview

BitTorrent Price History

The introduction of BitTorrent Token (BTT) to the cryptocurrency market was marred by a rather unfavorable reception. Soon after its launch in 2019, the token endured a substantial depreciation in value. As per CoinCapMarket data, BTT experienced a staggering 80% decline from its initial launch price, marking a significant setback for the token’s market performance.

On January 31st, 2019, BitTorrent Token (BTT) debuted with a modest closing price of $0.0004, which persisted for the initial two days of trading. However, the subsequent month brought some respite for the token, as its value gradually rose to $0.0011 per BTT. This bullish trend persisted for a while, culminating in an all-time high of $0.01426 at the beginning of April 2019 for BitTorrent Token (BTT).

Unfortunately, the positive momentum for BitTorrent Token (BTT) was short-lived, and the token faced significant challenges as it approached the final quarter of 2019. By October of that year, BTT experienced a significant decline in value, trading at 0.001. As the year drew to a close, the trading price of BitTorrent Token (BTT) further plummeted to $0.0003

The year 2020 brought relatively subdued movements for the BitTorrent Token (BTT). At the beginning of the year, the token was trading at $0.0002, and it gradually climbed to $0.0005 by mid-February. However, the outbreak of the COVID-19 pandemic had a detrimental impact on the token’s value, causing it to plummet to a new low of $0.00013 in March 2020. Following the downturn caused by the pandemic, BitTorrent Token (BTT) displayed signs of recovery, as its value climbed back up to $0.0005 in August 2020. However, this upward trend was short-lived, and by the end of 2020, the token’s value once again declined to $0.0002.

In 2021, BitTorrent Token (BTT) underwent significant development with the launch of the BitTorrent Chain (BTTC) network, which aimed to address previous challenges. This led to a surge in BTT’s value, reaching an all-time high of $0.01426 in April. However, the crypto market downturn resulted in a decline, with BTT dropping to $0.00029 and reaching a low of $0.001895 in July. The token later settled around $0.002706 by December.

The year 2022 wasn’t any better for BTT as the coin dipped further to new lows of $0.0005126 in July. However, the coin had a quick and short resurgence in August 2022, reaching a peak of $0.001142. The bears soon took over and BTT ended the year at $0.0006352.

At the beginning of 2023, BitTorrent Token (BTT) was valued at $0.0006551, which gradually increased to $0.0007812 by April. However, the bullish trend reversed in May, and the bears took control of the market, leading to a downward trajectory for BTT’s trading. 

As of now, the BitTorrent Token (BTT) is being traded at a value of $0.0000004829. The token has a trading volume of $14M and a market capitalization of $459M.

Recent News/Opinions on the BitTorrent Network

The latest version of BTFS, v2.3.2 Mainnet-Gordon, is now live! This update includes several notable improvements, such as support for simple node mode, enhanced gateway security, and more.

More on BitTorrent (BTT)

What is BitTorrent Cryptocurrency?

BitTorrent cryptocurrency, or BitTorrent Token (BTT), is a digital asset built on the TRON blockchain. It incentivizes users within the BitTorrent network, improves file-sharing efficiency, and enables rewards for seeding and sharing files. BTT facilitates faster access, prioritized bandwidth, and unlocks premium features in the BitTorrent ecosystem. It aims to revolutionize content distribution and create a decentralized economy within the file-sharing community.

How to Swap BTTOLD to BTT

Step 1 – Download and install TronLink wallet. TronLink wallet is available in both Google Chrome extension and Android and iOS apps.

Step 2 – Go to Chrome Web Store, search for TronLink, and click Add to Chrome.

Step 3 – Click on the Create Wallet button and scroll down the user agreement text and agree to the terms.

Step 4 – Enter a password that matches all four criteria so that they turn green. Enter the password again in the next box.

Step 5 – After you hit the Create Wallet button, make sure you backup your wallet. Send your old BTT to this wallet.

Step 6 – Head to BTT Swap app through this link.

Step 7 – On the top right corner, choose Connect Wallet and then click on Tron Network.

Step 8 In the pop-up window, click on Connect.

Step 9 – Choose the amount of BTTOLD you want to swap to BTT and hit Confirm Swap.

  • The Trigger Smart Contract message shows up. Click on Sign and wait for the smart contract to be confirmed.
  • Click on Done to finish the swap process.
  • To be able to see your new BTT tokens in the wallet, open the TronLink wallet extension and click on the + button.

Step 10 – Type in BTT and choose BTT (TRC20) from the list by clicking on the + button.

Step 11 – Go back to the All Assets window by clicking on the < button. Your balance of new BTT tokens must be shown in your assets.

Conclusions 

BitTorrent is one of the most popular crypto projects among blockchain enthusiasts. Again, BitTorrent is one of the largest torrent trackers that provides information exchange, data storage, etc. According to our BTT price prediction, we expect the coin to grow in the future. It is essential to know that the general market volatility remains a crucial factor in influencing this token’s price in the future. Hence, it is advisable to trade/invest with caution. Only add money that you can afford to lose. 

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