Bitway’s native BTW token rallied 43% in 10 hours on October 5th, recovering much of the weekend’s 49.2% correction from $1.72 to $0.86. The conclusion of Binance Wallet’s Bitway Booster Season 5 on October 2nd likely triggered the weekend profit-taking. The short-term bullish bias may remain on hold until the price clears the $1.53 resistance level, with the next target at the $1.99 Fibonacci extension. Traders can maintain a bearish short-term bias and wait for a dip toward $0.87-$0.81 before looking to buy.
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