Druckenmiller

Tether depeg = long BTC

Long
Druckenmiller Updated   
BITMEX:XBTUSD.P   Bitcoin
every time Tether depegs, Bitcoin goes up

the "why" doesn't matter, but it's probably because Tether depeg is a bell-weather for poor sentiment and fearful positioning

pretty good odds of a 30k retest imo
Comment:
out at essentially breakeven

Tether didn't repeg fast enough and shit isn't moving
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.