BitSong(btsg)market reviews and price predictions
BitSong market statement for 2023-05-28
Yesterday the price of btsg stood at $0.02. The market capitalization of the asset was $1 923 502. BitSong’s volatility was established at 8.22%. The trading volume of the coin reached $1 540.
BitSong prognosis for the next days:
We estimate the price of BitSong to be $0.02 tomorrow 2023-06-04 and $0.02 on 2023-06-10;
We estimate the market capitalization of BitSong to reach $2 037 899 tomorrow 2023-06-04 and $1 992 520 on 2023-06-06;
We estimate the volatility of BitSong to become 0.81% tomorrow 2023-06-04 and 2.29% on 2023-06-06;
We estimate the trading volume of BitSong to amount to $1 840 tomorrow 2023-06-04 and $1 810 on 2023-06-06.
Our recommendation for the pair BTSG/USD for tomorrow, 2023-06-04, to buy.
The torpid BitSong had its price rise only by 2% last week (May 22 - May 28).
BitSong has been last week as its price has been predominantly rising. The price swings of BTSG pointed to the presence of medium volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
May 22 - May 28 price action recap: BitSong sees a weak 2% gain as the buyers take a step back.
Between May 22 - May 28, BitSong has been mostly as its price has been in the rising mode. The volatility of BTSG has been medium throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Red clouds gathered above the BitSong market last week (May 19 - May 25) as the price went down by 7%.
BitSong has been bearish last week as its price has been predominantly falling. The volatility associated with the BTSG market was low, as were its price fluctuations. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Bearish price action on May 18 to May 24 resulted in BitSong by 7%.
The bearish behavior of BitSong last week was characterized by the occurrence of downswings. The situation on the BTSG market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
May 15 - May 21 price action review: BitSong goes down by 8%.
Between May 15 - May 21, BitSong has been mostly bearish as its price has been in the falling mode. The situation on the BTSG market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of decreased trading volume.
BitSong lost 8% in the period May 15 - May 21 as a result of selling pressure.
The analysis of last week’s price action shows that the BitSong market is in the bearish phase since the price has been moving downward. The price swings of BTSG pointed to the presence of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
May 15 - May 21 price action review: BitSong goes down by 8%.
Between May 15 - May 21, BitSong has been mostly bearish as its price has been in the falling mode. The situation on the BTSG market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Bearish price action on May 15 to May 21 resulted in BitSong by 8%.
The analysis of last week’s price action shows that the BitSong market is in the bearish phase since the price has been moving downward. The price swings of BTSG pointed to the presence of low volatility. 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.
The bears stepped up a gear on May 12 - May 18, dropping the price of BitSong by 8%.
The analysis of last week’s price action shows that the BitSong market is in the bearish phase since the price has been moving downward. The price swings of BTSG pointed to the presence of medium volatility. There has been a fall in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The bears stepped up a gear on May 12 - May 18, dropping the price of BitSong by 8%.
Between May 12 - May 18, BitSong has been mostly bearish as its price has been in the falling mode. The price swings of BTSG pointed to the presence of medium volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the decreasing trading volume.