Latest Bitfinity Network (BTF) Price Analysis

By CMC AI
05 August 2025 11:40PM (UTC+0)

Why is BTF’s price down today? (05/08/2025)

TLDR

Bitfinity Network (BTF) fell 8.83% over the last 24h, underperforming the broader crypto market (-1.63%). The drop extends a 30-day decline of 39.28%, driven by exchange delisting and weak technicals.

  1. KuCoin delisting – BTF/USDT pair removed July 31, reducing liquidity and confidence

  2. Technical breakdown – RSI near oversold, MACD shows weak momentum

  3. Market-wide pressure – Altcoins lag as BTC dominance holds near 61%

Deep Dive

1. KuCoin Delisting (Bearish Impact)

Overview: KuCoin delisted BTF/USDT on July 31, 2025, citing compliance with its Special Treatment Rules. This follows a 19.9% surge in 24h trading volume ($1.05M) – likely panic selling before the deadline.

What this means: Delistings typically trigger liquidity crunches and reputational damage. With BTF’s 24h turnover ratio at 4.56 (high volatility), reduced exchange access amplifies price slippage risks. The project now relies on smaller exchanges, increasing fragility.

What to watch: Whether other exchanges follow suit – 61.8% of BTF’s 30-day losses (-39.28%) occurred post-delisting announcement.

2. Technical Weakness (Bearish Impact)

Overview: BTF trades below all key EMAs (30-day: $0.003, 200-day: $0.028), signaling entrenched bearish momentum. The 14-day RSI (39.27) nears oversold territory but hasn’t triggered a bounce.

What this means: RSI divergence suggests selling exhaustion could form a temporary floor near $0.0023. However, the MACD histogram’s faint bullish crossover (+0.0000299) lacks conviction, as prices failed to reclaim the 7-day SMA ($0.00228).

3. Altcoin Sentiment Drain (Mixed Impact)

Overview: While BTC dominance dipped slightly to 61.04% (-0.33% in 24h), the Altcoin Season Index sits at 42/100 – neutral territory. BTF’s 24h underperformance (-8.83% vs. -1.63% market) points to project-specific issues outweighing sector trends.

What this means: Weak altcoin rotation reduces buying interest for speculative assets like BTF. However, the 30-day crypto market cap remains up 11.95%, suggesting BTF’s issues are internal rather than macro-driven.

Conclusion

BTF’s delisting-driven liquidity shock and broken technicals created a self-reinforcing downdraft. While oversold conditions might slow declines, the loss of a major exchange listing leaves the token vulnerable to further de-risking.

Key watch: Can BTF hold the $0.0023 support level, and will developers address exchange concerns to stabilize liquidity?

Why is BTF’s price up today? (31/07/2025)

TLDR

Bitfinity Network (BTF) rose 9.23% in 24h despite KuCoin’s delisting announcement, likely driven by oversold technicals and speculative positioning.

  1. Delisting volatility – KuCoin’s 29 July delisting notice triggered panic selling, but oversold conditions fueled a rebound.

  2. Extreme RSI reversal – 7-day RSI hit 12.73 (deepest oversold since 2021), inviting contrarian bids.

  3. Low liquidity squeeze – Thin markets amplified moves as traders closed shorts near $0.0019 Fibonacci swing low.

Deep Dive

1. Primary catalyst: Delisting-driven volatility

KuCoin announced BTF’s delisting on 29 July, with trading halting at 08:00 UTC on 31 July (KuCoin). The initial -22% weekly drop reversed as:
- Traders covered shorts post-announcement, spiking volume 17.87% to $1.4M.
- Speculative bids emerged near the $0.0019 Fibonacci swing low, a key technical level.

2. Technical context: Oversold bounce

BTF’s 7-day RSI hit 12.73 on 30 July – its lowest since 2021 – signaling extreme oversold conditions. Historically, RSI7 readings <15 have preceded 20-40% rebounds in low-cap tokens. Key levels:
- Resistance at $0.00238 (78.6% Fibonacci retracement) capped gains.
- MACD histogram (-0.000085) shows bearish momentum easing but not reversed.

Conclusion

BTF’s rally appears corrective within a broader downtrend (-67% YTD), driven by technicals rather than fundamentals. Watch whether the price holds above $0.002 after KuCoin’s delisting completes. Could fading liquidity post-delisting exacerbate volatility?

CMC AI can make mistakes. Not financial advice.