Bitway – Why BTW’s rally faces THIS test after $3.2M short liquidations

Bitway [BTW] has extended its rally from $0.45 to $2.75 in roughly three weeks. The rally, which began on the 21st of September, reflects a sharp shift in market momentum. On the 14th of October, Bitway went up 46% in 24 hours to $2.61. This move outperformed Bitcoin [BTC] and the broader market. Meanwhile, trading volume rose along with the price, a sign of stronger participation behind the rally. Specifically, it rose by 61.74%, reaching $149.71 million. Notably, the token continued its rally, creating a new all-time high at $2.75. However, the rally encountered resistance near it.

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