BitcoinLong
Tether Supply vs. Bitcoin price (breakout around June 23rd)
I've mapped out the Tether supply vs Bitcoin price on this chart. charts.cointrader.pro/snapshot/GAwsW
It's a tradingview chart but not available to publish on the ideas section. This is Finex/Tether artificially pumping the market. In the link above you'll see that there is a roughly 34 day lag between Total Tether supply and BTC price. Based on supply, Bitcoin should begin pumping up to the 19k levels somewhere around June 17th. If it remains accurate the breakout will occur around June 23rd and we should see another big leg up. If you play this next pump, don't be greedy. Get out while you still can.
NOTE: Be cautious of this pump. Finex/Tether are under investigation by DOJ, New York Attorney General, Interpol and this smells like an exit pump. A lot of our indicators show BTC at overbought levels not seen since just prior to the Mt. Gox collapse.
It's a tradingview chart but not available to publish on the ideas section. This is Finex/Tether artificially pumping the market. In the link above you'll see that there is a roughly 34 day lag between Total Tether supply and BTC price. Based on supply, Bitcoin should begin pumping up to the 19k levels somewhere around June 17th. If it remains accurate the breakout will occur around June 23rd and we should see another big leg up. If you play this next pump, don't be greedy. Get out while you still can.
NOTE: Be cautious of this pump. Finex/Tether are under investigation by DOJ, New York Attorney General, Interpol and this smells like an exit pump. A lot of our indicators show BTC at overbought levels not seen since just prior to the Mt. Gox collapse.
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