Bitfinex just printed $150mln Tether in the last couple of days and within hours Bittrex opened USDT pairs for XVG, ADA and NXT. Cheap coins that are gonna be pumped to the limits with the new fake money. Meanwhile Bitcoin will be allowed to rest and consolidate. I think we're gonna see a low in the $4000-5500 range within 30-45 days.
Let me explain you more with some pictures.
I've also seen nice analysis where someone drew cycles on Bitcoin's movement. Approximately every 60 days bitcoin would hit a low and as far as I remember the next low is gonna be around 12th January.
IMO the thing that can and probably will save Bitcoin in the long run will be Lightning Network and then yeah - we may be hading for $100k or even $1m (or McAfee will have to choke on his own dick). And you're right - more USDT markets are gonna be a tremendous victory for the upcoming trading option.
Everything is being coordinated from backstage big time. I'm not complaining - in fact, I'm happy to participate and it's a rare opportunity that happens maybe once or twice in a lifetime but the fact that the crypto trading is unregulated has let shady activities to flourish.