@azade
By analyzing the chart, a notable pattern emerges:
Increases in USDT supply are generally correlated with significant positive movements in BTC price.
This does not imply manipulation, nor does it lead to a definitive conclusion;
however, the data suggest that Tether liquidity is likely one of the structural drivers of Bitcoin price behavior.
The scientific question is:
If USDT were removed from the model, how much would BTC price dynamics change?
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