SMC Update 12-9-21

12/09/2021


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brian1469
brian1469

Bitcoin could be under pressure from Tether. Would fit the projection. Bloomberg Business report which confirmed that Tether indeed holds billions of dollars of Chinese Commercial Paper.

Not technical or charts but I found this speculation on Tether interesting for a bear case on Bitcoin. https://twitter.com/TheLastBearSta1/status/1469007200496590848

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