Category: Tether (USDT)

$BTC long term pattern. 1D candles log scale

$BTC seems to be following a very solid long-term pattern on 1D log scale

1) Major drop from some sort of FUD (block size, China/Jamie, Roger Ver) and then bitcoin being bought up hard (1 big candle + consolidation + another green candle
2) Trading sideways for 1-2 weeks while people are still a little worried
3) 2-week upswing after confidence is restored
4) …

This article was originally published on: The Tether Blog on