BAT Resting in a Defined Channel
BAT enjoyed a stable price range from $0.23 - $0.28 from Jun through September this year, and this weeks jump has brought us back to this range from a Fall low. If the shoe fits...
The notable price surge in Aug may have been due to some corporate buy in - I think I noticed PayPal ads begin to appear around this time - and the current BTC surge has been led predominately by major firms. More sporadic surges like this make sense in the future as advertisers discover the product, followed by an eventual overall increased valuation of BAT. If true, the more surges the better. Watch prices carefully and set stop losses firmly. :)
The notable price surge in Aug may have been due to some corporate buy in - I think I noticed PayPal ads begin to appear around this time - and the current BTC surge has been led predominately by major firms. More sporadic surges like this make sense in the future as advertisers discover the product, followed by an eventual overall increased valuation of BAT. If true, the more surges the better. Watch prices carefully and set stop losses firmly. :)
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