Well in own my speculation I think Bitcoin could attain a height above the previous ATH of 69k to 70 or 75k and above, before April. Also, if the previous ATH was about 69k there's a possibility that it could double that figure, maybe close to 150k. What's your say on this.
If there is a driver for the rally, it is not USDT but the inflows into the Bitcoin ETFs. Currently 900 BTC are mined per day, but the Bitcoin ETFs have to buy around 10k per day to fullfill the demand. This means that around 9k are being bought on the open market every day, which creates a lot of buying pressure. This naturally attracts speculators, who ensure that prices continue to rise.
I read an article in a business magazine a few days ago that if the inflows into the ETFs continue as they have in the last two weeks, then USD 45 billion will flow into the Bitcoin market through the ETFs alone by the end of the year. You can imagine what that would mean for the price.