BTG has lost nearly 95 pct of its value from last year’s peak. Gain to glory won’t be anytime in the foreseeable future. Bitcoing Gold, the cousin sister of the poster boy Bitcoin, has lost nearly 95 percent of its value from the peak of $478, hit in November last year, typical of how any penny stock does in equity markets when they rise in euphoria and fall when sanity kicks in. For the day, BTG/USD is down about a percent at $25.476 after hitting low of $24.00 at which point it was down more than 6 percent for the day. Any bounces for this penny cryptocurrency would not be as meaningful to bring back its old glory days back yet and the crypto needs to do a lot from the fundamental perspective to catch up with peers. From the technical perspective, on the 180-minute chart, the low of $24.00 is exactly where the support was placed and it managed it bounce off the trendline support. Strong resistance is now placed around $30.00 mark. BTG/USD 180-minute chart: FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next IOTA price analysis: Falls below $1 mark, sitting at a make or break level FX Street 3 years BTG has lost nearly 95 pct of its value from last year's peak. Gain to glory won't be anytime in the foreseeable future. Bitcoing Gold, the cousin sister of the poster boy Bitcoin, has lost nearly 95 percent of its value from the peak of $478, hit in November last year, typical of how any penny stock does in equity markets when they rise in euphoria and fall when sanity kicks in. For the day, BTG/USD is down about a percent at $25.476 after hitting low of $24.00 at which point it was down more than 6 percent for the… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
