Category: Tether (USDT)

Bitcoin to retace to $7800

Based on current Fib levels with the high at $20.000 and lows at $330, obvious confluence is at $7800 (38% retracement level).
Typically the 38% level is level where huge buyers will buy the 61% discount, buying up the bitcoins from panic sellers.
Because big players will be involved at these levels, price will bounce very hard and fast.
It will allow bitcoin to …

This article was originally published on: The Tether Blog on