Tether Has Been Below $1 For Six Months, And Its Bearish For Bitcoin

Bitcoin has managed to hold above the $7,000 level until the end of the year but could turn bearish in the short term the new year begins. Tether price action has been weak since July 2019 and it is not a good sign for BTC.
USDT and Bitcoin Demand Correlation
Tether has always been a point of contention in the crypto community. It has provided massive liquidity for markets but has also been the subject of disparagement for the potential to manipulate prices and fake Bitcoin demand.
It has been o