The question is not whether #bitcoin hits its ATH with the backdrop of #tether AND the Fed printing and stocks very strong.
The questions is whether Tether will then be content and cease their manipulations for a while or blast right on. $BTC $USDT.
Not advice...
The questions is whether Tether will then be content and cease their manipulations for a while or blast right on. $BTC $USDT.
Not advice...
...Note that I have been Bullish #crypto and #bitcoin personally since an end of July article, so I am not saying the entire rally was a #tether manipulation. Not at all.
However, we have to be honest: the last week or so tether and their cartel prevented any drop from...
However, we have to be honest: the last week or so tether and their cartel prevented any drop from...
...becoming more pronounced and protected $BTC from falling. Leveraged financing rates mean you lose 75% of your position over a year from sitting in longs if #bitcoin does not go up. That isn‘t normal, that‘s beyond euphoric and without #tether actions it will correct...
... So again: I am not bearish $BTC personally. But if you hold a position you need to know IF #tether ceases their actions or is forced to, you‘ll likely see a pretty big air pocket collapse at first.
If you want to understand the indicator above better: link.medium.com/Pf5yRwvHFbb
If you want to understand the indicator above better: link.medium.com/Pf5yRwvHFbb
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