Bitlocus (BTL)
1. Fundamental Analysis
1.1 Introduce
Bitlocus Fiat-DeFi Investments Management Platform is a complete investing ecosystem that allows end users to invest their fiat assets into DeFi space easily without actually directly interacting with crypto. The platform will be built on existing centralized exchange (Bitlocus CEX, established in 2018), which is fully AML and KYC-compliant and has a few fiat deposit/withdrawal options. Bitlocus is in partnership with Payrico, a crypto-friendly banking service (EMI, Electronic Money Institution; licenced in Lithuania, EU) as well as Ginger Fund (crypto-oriented hedge fund and liquidity provider). End users are provided with Tier 1 investment options from trusted DeFi projects that will be categorized based on their risk level. There will also be a guarantee fund option for DeFi investments made via Bitlocus platform.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | BTL | Market Cap | 242703.37 |
| Name | Bitlocus | White Paper | -- |
| Web Site | https://btl.bitlocus.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://bscscan.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 500000000 | |
| Supply | 500000000 | Release Date | |
| Available Supply | 495313000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The analysis of the provided K-line daily chart reveals a pattern of oscillation with a trend of consolidation. The price has shown a significant range of movement, with periods of high volatility and consolidation. The following conclusions can be drawn:
- The market is currently in a consolidation phase.
- There has been a significant amount of price fluctuation within the given period.
- The volume has been relatively high, indicating active trading.
- There is a possibility of a breakout from the consolidation phase.
- The trend appears to be upward, but there is a high degree of uncertainty.
- The market is experiencing a period of indecision, with the price struggling to move above or below key levels.
- The potential for a reversal or continuation of the current trend is equally likely.
Predicted future trends:
- The market may experience a breakout either to the upside or the downside.
- A sustained upward trend is possible if the price manages to break above the consolidation zone.
- A sustained downward trend is possible if the price breaks below the consolidation zone.
- The market may continue to consolidate in the short term, leading to further indecision.
- The trend could potentially reverse if there is a significant change in market sentiment or external factors.
