TETHER GOES FOR GOLD: MASSIVE STABLECOIN SHIFT TO BOOST $BTC ? 🚀
• Tether’s CEO has announced a strategic pivot toward physical gold, aiming to allocate 10-15% of the company’s substantial portfolio to the precious metal.
• This move significantly enhances the credibility and stability of the largest stablecoin.
• The allocation reduces systemic risk for the broader crypto market and could attract substantial institutional capital.
🟢 Support Zone: $85,000, $78,000
🔴 Resistance Zone: $95,000, $105,000
⚖️ Bias: Long
Tether's move to gold backing significantly enhances the credibility and stability of the largest stablecoin, reducing systemic risk for the broader crypto market and potentially attracting substantial institutional capital.
Is $BTC poised to break $95,000 on this news, or are you eyeing entries at $85,000 support? Share your strategy! 👇
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