🔴 #Bitcoin and it's end of the quarter returns

🔴 #Bitcoin and it's end of the quarter returns:

A while ago, @Tether_to announced it would invest up to 15% of it's profits into #Bitcoin  each quarter.

With Q3 ending soon, I decided to look back on #Bitcoin 's performance towards the end of it's 2023 quarters.

Not sure if we know exactly when Tether would invest their profits into BTC and if that's known. Most likely they just spread it out over a few weeks once profits are known.

Regardless, it's interesting to note how most of $BTC's upside has come in the last two weeks of each quarter so far.

Obviously these were paired with:

- Banking Crisis Q1
- ETF Hype Q2

So with those events clearly dictating previous moves and it being a small sample size it's probably not right to call these moves upon Bitfinex/Tether solely.

It will be interesting to see how this quarter and future quarters will end in terms of performance.