BAT/BTC Price Action Analysis

I covered the BAT token price action about a month ago, identifying a buying opportunity at that time.

Since then, the BAT/BTC has shifted gears and almost reached the resistance level I identified last month on March 9th. The bullish sentiment has since slowed down. Due to the cyclic nature of BAT’s price action, we could expect its value to drop once again towards the pivot levels shown in orange to get re-energized and reach the resistance level shown in green.