two03god

250,000,000 tether being printed is bullish?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Lots of news going around that 250,000,000 usdt was just printed. Here is a chart with the dates of large amounts of tether being printed. As you can see, it does correlate with the reversals , if anything there has always been one more leg down on the daily chart . Trade with your chart not your heart <3
Comment: I would like to clarify that i'm NOT suggesting another leg down, I simply want to show there is no correlation of reversals after large amount of usdt being printed. Many many social media "gurus" would like to give the impression that this is bullish news but history has shown this is simply not true.
Comment: Tether print history can be found here https://omniexplorer.info/

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if tether crashes, the whole market would crash. Btc would go down to 1200 dollars. But I dont think that could happen. who knows.
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@AliSh, Tether will not crash in the next 3 years.
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Interesting! Thanks for sharing. I favor a push down before resuming the larger bullish trend. Good luck trading.

Weekly with link to full thread with recent updates:


4HR Chart:

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sounds interesting. From where did you get your info about the previously printed tether?
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two03god siLve_R88
@siLve_R88, https://twitter.com/eurtprinter - makes it easy as he tweets any substantial amount, or you can manually check at https://omniexplorer.info/
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not this time :)
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Behrouzzz sublimexxx
@sublimexxx, looool idiot
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sublimexxx Behrouzzz
@Behrouzzz, who is idiot now :))
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I see huge bullish divergence on the weekly, daily and four hour chart in the MACD as well as the RSI. But it will probably ga as they say: when you think the worst is over, the markets are going to hurt you one last time :)
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