Category: Tether (USDT)

BTC-USD Bottom is likely in – returning to 13k+ levels?

I closed my recent short position and am now long the market. We will probably consolidate here and who knows, another drop may be in the cards. However, I think there is a strong historical precedent in place for this to be a higher low just halfway down the wick of that weekly candle. This lines up with a lot of Fibonacci retracement zones and congestion zones …

This article was originally published on: The Tether Blog on