TETHER correlation to BITCOIN - Daily chart

The sole purpose of this idea is to compare the Bitcoin price action with Tether creation. I've placed vertical lines of different colors at each instance of printing. Below, you can find which colors correlate to different prices.

NOTE: This idea only contains instances from January 1, 2018 to the present.

Key:
Green vertical line: 300mm transfer
Blue vertical line: 250mm transfer
Red vertical line: 100mm transfer
Yellow vertical line: 50mm transfer


Tether creations (timestamped):
100mm: September 2, 2018 - 12:39 pm
50mm: August 27, 2018 - 8:39 am
100mm: August 21, 2018 - 2:39 pm
250mm: June 25, 2018 - 9:59 am
250mm: May 18, 2018 - 2:20 pm
300mm: March 20, 2018 - 2:51 pm

GAP in printing

100mm: Jan 23, 2018 - 7:07 am
100mm: Jan 19, 2018 - 8:57 pm
100mm: Jan 19, 2018 - 8:08 am
100mm: Jan 18, 2018 - 11:02 am
100mm: Jan 17, 2018 - 2:19 pm
100mm: Jan 16, 2018 - 5:23 pm
100mm: Jan 15, 2018 - 8:02 am
50mm: Jan 14, 2018 - 1:28 pm
100mm: Jan 4, 2018 - 10:01 am

Sources:
twitter.com/eurtprinter
omniexplorer.info/address/1NTMakcgVwQpMdGxRQnFKyb3G1FAJysSfz
Beyond Technical AnalysisbitfinexBTCTechnical IndicatorstetherTrend Analysisusdt

Also on:

Related publications

Disclaimer