Category: Tether (USDT)

pair: btc/usdt

on the weekly timeframe we can see that bitcoin is still very bullish, however with the the help of our fibonacci tool an a trend line we also can see a confluence at the 1.618 levels which bitcoin is most most likely to find resistance at, and a possible reversal. currently we can still be bullish till we get to the 1.618 levels then wait for another setup.

This article was originally published on: The Tether Blog on