After testing an all-time high at 250 satoshi, BitBean corrected down to 76.4% Fibonacci retracement level at 79 satoshi, although price did spiked lower while hitting 68 sathosi, but failing to close below the Fibonacci support. At this point, the upside potential is certainly there, but it has to be kept in mind that price does approach a very strong resistance...
The price is heading in the area of possible breakage. The tp3 is hard to reach and obviously to get there you have to hold it for a long time. I do not recommend buying with a large % of your capital, better to stay lower. (due to the volumes)
This is another coin I'm heavily interested in and got the opportunity to buy a lot of when it was still 11sats... look at the potential since. My last bit of confluence that triggered me to buy was based on similar activity (Volume spike) being showed a year prior around Jun/Jul. I'm not saying to wait till next year to buy nor not to expect another spike in...
Seems BitBean is also under trend "buying and pumping cheep coins". Be careful, Bitbean has very limited potential and have only one developer improving the code. The Deadlines in Roadmap hold very rarely if ever. Especially renaming it into CASH could result to shitstorm like it is against bitcoin cash.
Looks like the rebrand from Bitbean (Bitb) to Bean Cash (BEAN) is happening "soon" and I think that event may send the price right up following something like this...
DAILY CHART for BITB / USD (( BEAN / USD )) Bitbean is going to rebrand to Bean Cash (BEAN) and that event may push the price to cross over the expected breakout level (black line). Once it crosses the price will start to rise to test previous ATH. If it manages to cross over that ATH the logical thinking is that will try to double the price from the previous ATH...
BITB can go to 0.0125 and resistance level