Category: Tether (USDT)

BTC ready to correct

Bitcoin has been in a logarithmic channel with a clearly defined resistance, support, and median line. Bitcoin is at the top of this channel. The RSI is overbought and shows a bearish divergence. This indicates a downward trend.

There will be support at the median line, providing a good entry point for trades. When it finally breaks this line, Bitcoin should drop …

This article was originally published on: The Tether Blog on