The correlation betwen tether market cap and BTC price is an interesting theory, but BTCUSD had its big pump that took it over the 1d 200 SMA on April 2, and tether marketcap didn't grow until after that big $1000 pump.
Again, BTC pumped BEFORE massive tether printing started. Tether didn't initiate the bull run, although it probably helped fan the flames once traders saw that BTCUSD price was over the 1d 200 SMA again for the first time in over a year.
>What makes you think it was a single exchange?
Also, I was trying to say that I *DID NOT* think a single exchange affected BTCUSD.
TA works bro. Just print as many lines as u can so that it finally creates support or resisntance in some of those lines.
>412$ buy order
Impressive. U some whale guy huh?
>The correlation betwen tether market cap and BTC price
Is pure confirmation bias, a reverse correlation matches the data better. When money moves out of BTC it moves increasingly to tether. When the price goes down it's always bought up soon. The tether tards are managing to delude themselves into actually correlating selling with pumps.
Don't you know how to read TradingView paper positions? The $412 is unrealized profit. The position size is 1.5 BTC.
But to answer your question, I'm nowhere close to being a whale which I'm sure you knew.
Welcome to the cryptomarket newfag.
People say TA doesn't work if they are new, basically. I used to say it as well.
Crypto is TA fucking heaven. Unironically the purest market we have currently and pretty much 100% TA.
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