Tethers are increasing again, does that mean bitcoin is about to go up?
Tethers have been increasing again as of late after decreasing for the first time in a while in April and then in July as well.
Take a look at the trend of Tether issuance:
Often tether increases have come right before bitcoin price increases.
There have been several $50 million increases in the last few days.
More about that can be seen here:
https://steemit.com/crypto/@jondoe/tether-issues-usd50-million-more-worth-of-tethers
Hope you are right on this one @ jondoe. We need some positive news 🧐🤗🧐
Whole market is being dumped. Market cap now at $190 billion
great work as always, keep it up
Thanks.
Very simple article and very easy to understand.
Simple is best.