$BTC $BTC.X - In the Bear Cave - Bitcoin Binance 1 day

BTCUSDT

Still stuck in this seemingly forever downtrend. Everyday for the past five days we have seen quick boost followed by harsh declines. This may be a buyers market right now, but i feel this price will continue to dip slowly for now. Volume is also on the downtrend. I believe people are putting their money into altcoins to counteract this decline. With the fears of Tether people may not invest their BTC into it to hold this declining position for who knows if you will get your money back. I hope another alternative to Tether is found or hope Tether comes clean and shows they have the proper backing. MACD still in decline, RSI still in decline, everything is in decline. We will have new blood in the space as Square is announcing the ability to purchase Bitcoin through them, so this may have an impact, but I do not know when this will happen. Pay attention to the news and be mindful of the Bitcoin.