The marked areas show how tether is has acted a leading indicator from the past one year.
USDT DUMP first - followed by Bitcoin dumping
USDT Pump Followed by Bitcoin bull run
Its seems like it has stopped printing USDT for now. In 2017, this stagnation of fresh volume was met with a bearish pressure.
Stagnation can mean bearish as altcoins are not providing any liquidity as well.
USDT DUMP first - followed by Bitcoin dumping
USDT Pump Followed by Bitcoin bull run
Its seems like it has stopped printing USDT for now. In 2017, this stagnation of fresh volume was met with a bearish pressure.
Stagnation can mean bearish as altcoins are not providing any liquidity as well.
