Category: Tether (USDT)

Potential Bearish Bitcoin Scenario

Looks like the price is being rejected at the descending resistance. This happened before and led to a move downwards followed by a sideways break of the resistance. This could see us move to the top of the channel. Failure here would see us retest 6000 and ultimately lower if a bounce does not happen.

Note: This scenario depends on price closing below the …

This article was originally published on: The Tether Blog on