Bitway Price Prediction: BTW Eyes $0.70 After Powerful Weekly Price Surge

• BTW faces $0.645-$0.650 resistance, with a breakout potentially targeting $0.70.
• Open interest hit $222.81M, raising liquidation risks as traders increase leverage.
• Negative spot netflows of $13.83M highlight selling pressure despite BTW’s sharp rally.

Bitway (BTW) has delivered a powerful rally, but rising leverage and persistent spot outflows create fresh questions. BTW reached about $0.6535 after gaining 77.55% within 24 hours. The token has also climbed 196.45% over the past week. Its market capitalization now stands near $1.76 billion, with daily trading volume exceeding $141 million.

However, the sharp advance has pushed BTW into a critical technical zone. Traders now face a key test near $0.645 to $0.650. A successful breakout could extend the rally toward $0.70. Conversely, rejection could trigger a deeper correction as short-term traders secure profits.

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