Crazy Bitcoin Prediction: Billions Of Dollars To Enter BTC For This Specific Reason

There have been all kinds of crazy bullish predictions about the price of Bitcoin lately.

We recently addressed a really far-fetched prediction – one of the most bullish BTC predictions that we’ve seen lately. It comes from a popular Bitcoin analyst and influencer – he said that the king coin could reach $5 million!

Anyway, now, another crazy assumption surfaces.

It’s been just revealed that a leading crypto analyst said that the rapid expansion of one of the largest digital assets by market cap is an extremely bullish sign for Bitcoin.

The rise of Tether could be a bullish sign for BTC

The analyst who is known in the industry as FilbFilb said that the  $10.9 billion rise of Tether (USDT) in 2020 could suggest the fact that traders are storing their capital in USDT as they prepare to buy BTC.

He also noted that the USDT expansion has historically preceded BTC price surges. He said that USDT expanded a lot during the past month alone.

He also said:

He explained, “Specifically, since the ‘rona dump to $4k, there has been constant pumping of the ol’ Tether. Just like in 2019, the expansion has preceded price.”

At the moment of writing this article, BTC is trading in the green, and the coin is priced at $11,382.11.


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Andreas Townsend Author

I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

2269 Articles

Top Exchanges
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CEX.IO

3

Website

Icon
Coinbase

2

Website

Icon
Binance

1

Website

Top Casinos
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7bitcasino

4.20

Website

Icon
BitStarz

4.93

Website

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FortuneJack

4.90

Website

Top Sportsbook
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1xBit

4.03

Website

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Nitrogen Sports

4.73

Website

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SportBet.io

4.60

Website

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