It seems the Bitcoin market and the crypto industry almost depend on institutional money to go up as without it the price is stagnant or goes down. Accordingly to Lookonchain since three days ago the USDT treasury didn't sent any assets to exchange (this also show too many dependency on this stablecoins) and because of that (speculation) the price is not going up.

This is a good analyze by lookonchain as it shows that Bitcoin only isn't enough to keep the price up and need some push for other assets, specially the TETHER (USDP), which somehow it worries me as this stablecoin is an house of cards and any moment can derail. I saw the XRP entering in the stablecoin market testing their RLUSDT and in the same week, Celsius suing TETHER in an unprecedent lawsuit. 

This may not tell you nothing now but it seems the big players in market are already working out on a new stablecoin issuer company and preparing to dethrone TETHER. Not because of the recent Celsius lawsuit but for the background the company already has. It being said that the DoJ is investigating the company and that is happening for years, and where is an investigation there's fire. Remember TO always to use your critical thinking and also,.

CONTENT IS KING!