TLDR
- Bitway (BTW) reached a record high of $2.7536 on Binance, with the daily candle up about 25.83%.
- CoinGecko data showed BTW up 60% over seven days and 170% over 30 days, while Bitcoin and Ethereum slipped.
- One wallet holds 78% of the 10 billion BTW supply, and the top 33 wallets hold 99.74%.
- The 7-day RSI reads 85.08, a level that points to overbought conditions.
- Bitcoin trades near $83,500 ahead of US CPI data due October 14.
Bitway (BTW) hit a new all-time high on October 14. The token reached $2.7536 on the Binance BTW/USDT perpetual contract, according to TradingView.
The daily candle showed a gain of about 25.83%, with BTW trading near $2.62 at the time of the chart. It opened the day at $2.0852.
Earlier data painted a similar picture. CoinGecko figures put BTW near $1.88 on October 13 after a 7% daily gain, with a reported high of $1.90 that day.
$BTW is trending as one of the most searched coins after pumping 41.4% to break into the top 20 crypto by market cap. pic.twitter.com/fK8nv4gjo2
— CoinGecko (@coingecko) October 14, 2026
The longer-term gains are large. BTW rose 60% over seven days and 170% over 30 days, according to the same data.
Bitcoin and Ethereum moved the other way. They fell between 0.5% and 2% over the same period.
Bitway Chart Analysis
The daily chart shows BTW climbing along a rising trendline since late September. Price broke out of a consolidation zone between about $1.30 and $1.75 and moved straight up to the record high.
The RSI stands at 81.86, which is in overbought territory. The MACD lines are widening and the histogram is rising, which shows momentum is still strong. Traders may watch whether BTW holds above the $1.75 area, the top of the old consolidation zone.
Supply and Ecosystem Details
Token supply is highly concentrated. One wallet controls 78% of the 10 billion BTW supply, and the top 33 wallets hold 99.74%, according to CoinMarketCap.
A scheduled unlock of 101.62 million tokens took place on October 2. The tokens were worth about $137.7 million at the time.
Trading turnover is low at 1.93%. That means a small number of trades can move the price by a large amount.
On the demand side, Bitway Earn had about 75,000 monthly users. The project is also working on Bitway Ledger L1, a Bitcoin-compatible chain, along with lending and payment products.
Past rallies have followed exchange campaigns, including Binance Wallet Booster seasons and futures listings on Gate.io.
CMC AI data shows BTW trading far above its moving averages. The 200-day EMA sits at $0.38. The Fibonacci 23.6% retracement level is at $1.72.
Bitcoin Market Backdrop
Bitcoin traded near $83,500, up 0.43% over 24 hours in one market feed. Another feed showed it at $83,342, down 1.63%.
Traders are watching Treasury yields, oil above $105 a barrel and ETF outflows. Asian technology stocks also weakened.
BTC faces resistance between $84,000 and $85,071. Support sits at $82,000 to $82,500, with $81,300 and $80,000 below that.
Bitcoin remains above its 7-day average of $82,871.93, its 50-day average of $81,142.48 and its 200-day average of $72,169.70.
US CPI data is due October 14. The BTW price stood near $2.62 on Binance at the time of the chart.
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