Two Clues for When Bitcoin Downturn Might End

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Two Clues for When Bitcoin Downturn Might End

 
As the crypto market crash continued on Thursday, analysts told Cryptonews.com that traders should keep a close eye on the bitcoin (BTC) price on Coinbase, as well as tether’s (USDT) progress towards getting back to its dollar peg, for clues about when the worst selling pressure might end.
“If [USDT] restores its peg that is a very positive sign for the market,” Marcus Sotiriou, an analyst at digital asset broker GlobalBlock, told Cryptonews.com….
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