The lack of sell pressure on any btc pair can’t be understated. If you wanted to sell, which denominator looks more attractive?
Tether is the cleanest dirty shirt, but nobody should feel safe there.
USD, then withdraw to a bank??
I’m not selling anyway, but I can see the lack of downside pressure as a huge tailwind for the usd price, even disregarding the melting ice cube that is the US Dollar.