Braintrust (BTRST) Price Prediction: Will BTRST Reach $5 in 2022?

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Braintrust-(BTRST)-Price-Prediction 2022
  • Bullish BTRST price prediction ranges from $2.012 to $4.976.
  • BTRST price might also reach $5 this 2022.
  • BTRST’s bearish market price prediction for 2022 is $1.282.

Braintrust is the first decentralized talent network built on the Ethereum blockchain. Its native token is denoted as BTRST.

Braintrust investors are bullish on the token. The crypto bubble 2021 led to an increase in the price of BTRST to its present all-time high (ATH) of $47.85, which was attained in September 2021. Irrespective of the recent crypto winter, which led to a dip in the price of most cryptocurrencies, BTRST investors are confident that the future of BTRST is bullish.

If you are interested in the future of Braintrust (BTRST) and want to know the price analysis and prediction of BTRST for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this CoinEdition article.

What is Braintrust (BTRST)?

Braintrust is the first decentralized talent network built on the Ethereum blockchain. Its native token is denoted as BTRST. It was launched on September 1st, 2021. Adam Jackson and Gabriel Luna-Osasteski co-founded it.

Holders of BTRST can use it to vote for governance proposals within the decentralized network. Users are also rewarded with BTRST for referring new clients to source for talents, vet talents, and also for inviting new skills to the network.

There are various ways through which users can redeem their earned BTRST token. Some of them include buying discounted software, purchasing career resources, buying different products, and community perks.

Braintrust is founded on community ownership and ensures that talents outsourced to various brands and organizations retain 100% of their earnings. This business model attracts highly skilled freelance experts to the platform and gives flexibility to companies that need Braintrust to source their talents, including Nike, Goldman Sachs, Nestle, and Porsche.

Braintrust receives a 10% commission from clients that source for talents. These fees are converted to BTRST and then managed by Braintrust DAO for efficient and transparent distribution to the community for various tasks.

Braintrust (BTRST) Current Market Status

The maximum supply of Braintrust (BTRST) is 250 million BTRST, while its circulating supply is 119,853,514 BTRST, according to CoinMarketCap. At the time of writing, BTRST is trading for $2.30, representing 24 hours increase of 7.92%. The trading volume of BTRST in the past 24 hours is $3.36 million, representing a 30.81% increase.

Some of the top cryptocurrency exchanges for trading Braintrust (BTRST) are Coinbase, Gate.io, Mexc, BitForex, and others.

Now that you know what BTRST is and its current market status, we shall discuss the price analysis of Braintrust (BTRST) for 2022.

Braintrust (BTRST) Price Analysis 2022

Currently, BTRST is ranked in the 113th position on CoinMarketCap. Will developments and upgrades within the Braintrust community increase the price of Braintrust (BTRST)? We shall see in this CoinEdition price analysis 2022 article.

Braintrust (BTRST) Price Analysis- Keltner Channel

BTRST/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
BTRST/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Braintrust (BTRST), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of BTRST might be sustained before any reversal would be expected.

Braintrust (BTRST) Price Analysis- Relative Strength Index

BTRST/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
BTRST/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Braintrust (BTRST) 1day chart of BTRST/USDT is at 61.66.  This shows that BTRST is showing a strong trend between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

Braintrust (BTRST) Price Analysis-Moving Averages

BTRST/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
BTRST/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of BTRST 200-day and 100-day Moving Average (MA). BTRST is on a bullish trend, as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of Braintrust (BTRST) might experience a significant rise or fall in the future.

Braintrust (BTRST) Price Prediction 2022

BTRST/USDT 1Day Chart (Source: Tradingview)
BTRST/USDT 1Day Chart (Source: Tradingview)

Looking at the daily chart of BTRST/USDT, BTRST’s price was swinging from $3.048 resistance2 to $2.523 resistance1 after touching the support level at $2.012. It reversed from the support level of $2.012 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term BTRST price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect BTRST to reach $5 in 2022.

Braintrust (BTRST) Price Prediction-Resistance and Support Levels

BTRST/USDT 1Day Chart (Source: Tradingview)
BTRST/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of BTRST has increased by 21.5% in the past 30 days. If this price increase continues, BTRST could break the $2.523 resistance1 level and move higher to $4.976 at the resistance5 level and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of BTRST might be dethroned from its present uptrend position. In simpler terms, BTRST might trend below the $1.282 support level and even lower in 2022, a bearish signal.

Braintrust (BTRST) Price Prediction 2023

If the value of the relative strength index (RSI) of BTRST is at least 65 by the end of 2022, the bulls and investors are in change. This could spill over into the first half of the year 2023, which could make the price of Braintrust (BTRST) trade around $10 by the end of 2023.

Braintrust (BTRST) Price Prediction 2024

The positive sentiment that comes with the news of Bitcoin halving could directly impact the price of BTRST. Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the price of BTRST trade at $20 by the end of 2024.

Braintrust (BTRST) Price Prediction 2025

By the end of 2025, the price of Braintrust (BTRST) could rise to $40. This is because of the price surge a year after Bitcoin halved. It is also, considering that more developments talents are using the platform to attract clients.

Braintrust (BTRST) Price Prediction 2026

With the number of BTRST hodlers on the increase and the growing sentiment about cryptocurrencies, BTRST has the possibility of holding most of its recent gains and consolidating. Hence, the price of BTRST could trade around $80 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.

Braintrust (BTRST) Price Prediction 2027

By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to the possibility that the market has attained its minimum support level. The price of BTRST could surge to $120 by the end of 2027.

Braintrust (BTRST) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. Therefore, the market could attain a higher high-value Braintrust (BTRST) and hit $160 by the end of 2028.

Braintrust (BTRST) Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing some lessons learnt to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin (BTC) halving, could surge the price of BTRST to $300 by the end of 2029.

Braintrust (BTRST) Price Prediction 2030

The cryptocurrency market experienced high stability as a result of the hodling activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of Braintrust (BTRST) to trade around $400 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Conclusion

As said above, BTRST might reach $5 in 2022 and $400 by 2030 if investors have decided that BTRST is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Braintrust (BTRST)?

Braintrust is the first decentralized talent network built on the Ethereum blockchain. Its native token is denoted as BTRST. Holders of BTRST can use it to vote for governance proposals within the decentralized network. Users are also rewarded with BTRST for referring new clients to source for talents, vet talents and also for inviting new skills to the network.

How to buy Braintrust (BTRST) Token?

Like other cryptocurrencies, Braintrust (BTRST) can be traded in cryptocurrency exchanges like Coinbase, Mexc, CoinEx, BitForex, Gate.io, and others.

Will Braintrust Token surpass its present ATH?

BTRST has a low possibility of surpassing its present all-time high (ATH) price of $47.85 in 2022. However, due to the positive sentiments of its investors, this could be reached by 2026.

Can BTRST reach $5 soon?

BTRST is one of the few cryptocurrencies that has retained bullish momentum in the past seven days. If this momentum is maintained, BTRST might reach $5 soon after its breaks the $4.976 psychological resistance.

Is BTRST a good investment?

BTRST has been one of the most suitable investments in the crypto space in the past 14 years. Its return on investment of over 22.6% makes it one of the assets to keep on the watch list and hodl for the future.

What is the current all-time low price of BTRST?

BTRST has a current all-time low price that is unknown.

Who are the co-founders of Braintrust?

Adam Jackson and Gabriel Luna-Osasteski co-founded Braintrust.

What is the maximum supply of BTRST?

BTRST has a maximum supply of 250 million BTRST.

When was BTRST launched?

It was launched in 2021.

Where can BTRST be stored?

BTRST can be stored in private wallets and cold and hot wallets of centralized exchanges.

What will be the BTRST price by 2023?

BTRST price is expected to reach $10 by 2023.

What will be the BTRST price by 2024?

BTRST price is expected to reach $20 by 2024.

What will be the BTRST price by 2025?

BTRST price is expected to reach $40 by 2025.

What will be the BTRST price by 2026?

BTRST price is expected to reach $80 by 2026.

What will be the BTRST price by 2027?

BTRST price is expected to reach $120 by 2027.

What will be the BTRST price by 2028?

BTRST price is expected to reach $160 by 2028.

What will be the BTRST price by 2029?

BTRST price is expected to reach $300 by 2029.

What will be the BTRST price by 2030?

BTRST price is expected to reach $400 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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