1 BTT = ¢0.33 USD -- Will it bounce back?

_{(Charts by TradingView)}

From mid to late October, the BitTorrent alligator seemed to go over ¢0.4. It then fell asleep for a few days, and slowly dropping from around November 10 until it approached ¢0.3 in early December.

Then the price suddenly fell, causing a significant price correction, but now it is starting to improve again.

Currently, the MACD (Moving Average Convergence Divergence) oscillator looks to be in a bullish position. This means that the price of this asset has risen again.

Meanwhile, the Stochastic RSI (Relative Strength Index) oscillator seems to bepricehe overbought area. This indicates that the market price of this asset is above its intrinsic price.

On the other hand, in the graph below we can see that the price of Bitcoin, which briefly reached $68K, has suddenly dropped to less than $50K. And Bitcoin's price fluctuations are usually followed by all other altcoins.

At this point, the alligator's mouth, which had originally been wide open downward, seems to have closed tightly. Will it really fall asleep, or will it bounce back?

Let's continue following this BitTorrent alligator adventure.