ATOM, the token of Cosmos network, has performed well this year in BTC terms.
However, after hitting a USD all-time high of $26 in February, ATOM went into a correction. And even before that ATOM/BTC was well below its August 2020 high.
We’ve asked Hybrid Intelligence the following question to check the short-term trend:
“The cryptocurrency Cosmos (ATOM/BTC) settled at 0.0003543 BTC at 10:33 AM UTC at the binance exchange on Monday, March 22. In your opinion, will ATOM/BTC trade above 0.0004252 BTC (+20.0%) at any time before April 9?” ------------------------------------- Indicator: 78%
That’s a bullish indicator, suggesting that Hybrid Intelligence expects ATOM to increase in price in BTC terms.