Category: Tether (USDT)

BTC/USDT – Correction incoming

In the hourly chart, we can see various elements that support the price is going to correct:
1) BTC hit a new high at around 17480$ today, not much higher than the one it hit on December 8th, this could result in a double top formation.
2) The failure to make a new ATH in a strong way created a divergence in the MACD, showing losing bullish momentum.
3) The 200 …

This article was originally published on: The Tether Blog on