24th April 19, Tether recovered fully and surpassed ATH. One day later, market dropped 10% but this is just a small movement in overall picture. 2 months later that, BTC up from 5k to 13k.
What did it indicate ?
2 things
- when Tether marketcap breakout ATH, Price tends to pullback a bit with a drop about -10%.
- When Tether print to new ATHs, price tends to follow and break up local highs.
For current situation: Today Tether marketcap just surpassed ATH as exactly the situation of 24th April 19.
Draw your conclusion!!
@RosePremiumm
