Category: Tether (USDT)

Bitcoin reversal signs and targets

Bitcoin’s bearish divergence, short term double top, exhausted RSI, and bearish candlestick symbols all indicate an imminent correction. The first support it will hit is the previous high of 6200. Although this could hold, I believe a more likely target is 5000. This was the ATH of the previous wave, and the 61.8% fibonacci retracement of the previous closing low …

This article was originally published on: The Tether Blog on