Tethers are increasing again, does that mean bitcoin is about to go up?

in #tether6 years ago (edited)

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

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Hope you are right on this one @ jondoe. We need some positive news 🧐🤗🧐

Whole market is being dumped. Market cap now at $190 billion

Very simple article and very easy to understand.

Simple is best.