Category: Tether (USDT)

Bitcoin reversal

Look at that retracement! Bitcoin has sold off over 25% from its all time high at $19,900. The market is still bearish, but it is quickly approaching support that may reverse it.

Buy orders can be placed at 13,300-13,500 where the two month trendline will provide support. The next support is at 12,700. Watch for reversal signals in price, indicators (RSI, Stoch, …