Category: Tether (USDT)

BTC Update: Resistance Ahead of Counter Trend

$BTC Update:

Possible Scenarios:

1) Traders will take Short Positions on test of pivot line around 9400, If they succeed with the supply line then $BTC will retrace back to test 8k level again to form Reversal Pattern as suggested earlier.

2) Short Squeeze: If Shorters failed by Bulls and try to cover their short positions by buying more and more BTC => …

This article was originally published on: The Tether Blog on