Is USDT’s surge hinting at a $150,000 Bitcoin price breakout?
Bitcoin (BTC) continues to consolidate below $100,000, but technical indicators, alongside the asset’s relationship with Tether (USDT), could signal a new record-high path towards the $150,000 mark. Specifically, Analysis by prominent online trading expert TradingShot indicated that a key technical pattern involving USDT dominance and the U.S. Dollar Index (DXY) suggests a major rally could be on the horizon. In a TradingView post on February 19, the expert stated that Bitcoin’s current price action resembles the re-accumulation phases observed during previous bullish legs since the November 2022 bottom. Picks for you AI predicts Ethereum price for March 1, 2025 20 mins ago XRP whales go on a buying spree; Here are key price ...