There are rumors that Tether was printing uncovered dollars. By doing this a lot of Btc could be bougth, skyrocketing it price. What is strange about it is that the interested in Tether also rose during the btc rocket to the moon.
Interest in Tethershould decrease if he btc price rises and increase if the btc drops.
I had no idea why the price drop overall. Are they related? and for the future will be good or bad worse case!
with BTC again diminishing in price gives pandemonium to a lot of crypto-cummunity. Let's just relax and do not over analyze things out though this is a great forecast giving out a red flag alert of an 80% dip phenomenon.
It could go both ways. When looking back at the past 3 years, January always has been a red month. This year for sure after the astronomical rise at the end of 2017. Normally in February the market start to climb again but it all depends on the fresh money which has to be injected in the cryptoworld.
Based on the technocal roadmap of aome of the major coins, 2018 should be great.
But the sentiment of the market is, according to me, an even more important factor.
Due to the lack off precedents nobody can tell. It can’t be predicted with technical analysis.
But be aware that FUD can disrupt the market, just like government decision.
I do have faith in some of the technologies, but my faith in the prices is not so high at the moment.