Category: Tether (USDT)

Bitcoin: Descending Triangle Breakout

Since the 4945 high Bitcoin witnessed on September 2nd we have seen some bearish signals, resembling the correction seen earlier in June. Taking June as the base scenario for trend analysis, where the market experienced a drop of 38.55% from the June 11th high (2978) to the July 16th low (1822), and assuming that investor sentiment will behave in a similar manner; …

This article was originally published on: The Tether Blog on