Bytom (BTM) - the 70th cryptocurrency with the market capitalization of $120 million - stayed true to itself in terms of rapid price action. Those who follow our BTM price prediction know that we consider this altcoin the “swing trader’s dream” because, as shown on the yearly chart below, its price action is characterized by enormous upswings and almost equally deep troughs.
1-year BTN chart
Therefore, we see no point in analyzing Bytom’s profile of gains/losses since the coin is very volatile and could move up and down a few dozen percent in a span of a quarter. For that same reason, BTN is definitely a market worth following, especially at times when Bitcoin is tediously ranging, as if affords plenty of opportunities for profit-making in both USDT and BTC markets.
Bytom is retracing after another powerful upswing
Despite being labeled the upswing king, Bytom is trapped in the perpetual downtrend ever since the burst of the crypto bubble in 2018, which is depicted on the all-time chart below.
BTN all-time chart