Category: Tether (USDT)

Bitcoin Correction Targets

BTC has completed 5 waves up and is therefore, retracing and correcting.

I believe there are two likely scenarios for BTC: A retracement to $9k (0.5 fib level). Or more likely, a retracement to $8.2k where strong support is found, as well as the retracement hitting 0.618, ‘the golden zone’.

However, as traders we must be prepared for any possible scenario, so …

This article was originally published on: The Tether Blog on