Biconomy Exchange Token(bit)market reviews and price predictions
Biconomy Exchange Token market statement for 2023-06-02
Yesterday the price of bit stood at $0.000005. The market capitalization of the asset was $1 642 401. Biconomy Exchange Token’s volatility was established at 3.13%. The trading volume of the coin reached $62 432.
Biconomy Exchange Token prognosis for the next days:
We estimate the price of Biconomy Exchange Token to be $0.000005 tomorrow 2023-06-04 and $0.000005 on 2023-06-10;
We estimate the market capitalization of Biconomy Exchange Token to reach $1 680 186 tomorrow 2023-06-04 and $1 673 062 on 2023-06-06;
We estimate the volatility of Biconomy Exchange Token to become 0.83% tomorrow 2023-06-04 and 1.27% on 2023-06-06;
We estimate the trading volume of Biconomy Exchange Token to amount to $61 466 tomorrow 2023-06-04 and $61 809 on 2023-06-06.
Our recommendation for the pair BIT/USD for tomorrow, 2023-06-04, to buy.
Biconomy Exchange Token retraces by 3% in the period May 27 - June 2 as the market turns slightly bearish.
The bearish behavior of Biconomy Exchange Token last week was characterized by the occurrence of downswings. BIT has been going through a period of low volatility, which fell in line with the occurred price changes. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The bleeding market: Biconomy Exchange Token loses 8% between May 22 and May 28 as the selling pressure grows.
The bearish behavior of Biconomy Exchange Token last week was characterized by the occurrence of downswings. The price swings of BIT pointed to the presence of medium volatility. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
The bleeding market: Biconomy Exchange Token loses 8% between May 22 and May 28 as the selling pressure grows.
Between May 22 - May 28, Biconomy Exchange Token has been mostly bearish as its price has been in the falling mode. The situation on the BIT market shows that the underlying asset is currently experiencing a period of medium volatility. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
The buyers controlled the Biconomy Exchange Token market between May 19 and May 25 as the price grew by 6%.
Between May 19 - May 25, Biconomy Exchange Token has been mostly as its price has been in the rising mode. BIT has been going through a period of medium volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been increasing in concert with the price of the coin. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Buyers kept pushing the Biconomy Exchange Token market to the upside between May 19 and May 25 as the price increased by 6%.
Biconomy Exchange Token has been last week as its price has been predominantly rising. The situation on the BIT market shows that the underlying asset is currently experiencing a period of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin last week took place on the back of increased trading volume.
Reservedly bullish : the price of Biconomy Exchange Token grew by 6% in the period of May 19 - May 25.
The behavior of Biconomy Exchange Token last week was characterized by the occurrence of upswings. BIT has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Reservedly bullish : the price of Biconomy Exchange Token grew by 8% in the period of May 18 - May 24.
The analysis of last week’s price action shows that the Biconomy Exchange Token market is in the phase since the price has been moving upward. The volatility associated with the BIT market was medium, as were its price fluctuations. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Biconomy Exchange Token market stayed flat from May 15 - May 21.
Biconomy Exchange Token portrayed neutral behavior last week, with no changes in the price. The situation on the BIT market shows that the underlying asset is currently experiencing a period of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Biconomy Exchange Token market stayed flat from May 14 - May 20.
Biconomy Exchange Token portrayed neutral behavior last week, with no changes in the price. BIT has been going through a period of low volatility, which fell in line with the occurred price changes. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of decreased trading volume.
Biconomy Exchange Token market stayed flat from May 14 - May 20.
Biconomy Exchange Token portrayed neutral behavior last week, with no changes in the price. The volatility associated with the BIT market was low, as were its price fluctuations. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.