The marked areas show how tether is has acted a leading indicator from the past one year.
USDT DUMP first - followed by Bitcoin [BTC] 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 [BTC] 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.
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