Category: Tether (USDT)

Bitcoin broke support and may retest pennant support (SMMA 200)

Bitcoin             just completed a bearish pattern and may fall to the green line to retest the support. We have this huge pennant and in case Bitcoin             breaks it up we will see a huge pump and in case it breaks down it may fall really hard. At this moment we are facing a lot of sideways and we will probably retest the pennant bottom that is also SMMA 200 and fibonacci target. So i would say that Bitcoin             might fall to 6.3-6.7K area in the next days/weeks. Indicators are also bearish confirming another wave down for Bitcoin             .

This article was originally published on: The Tether Blog on