We could be near $150,000 within a few days, back way below $100,000 (if Tether finally collapses), or many other numbers. The most likely result is shooting a bit higher, then backing off a bit to right about where it is now, for a while.
Why should tether collapse? as far as I know they've published routine audit. If tether is truly a concern with how much stablecoin have been issued they definitely gonna be the center of attention by now.
I don't see tether collapsing anytime soon.
How much issue? Hmm, so the problem of tether is about their supply? but I think it is only normal because they are like a fiat and also has lots of supply or a lot of money have been printed already and will still going to be printed, especially depending on the situation like if there is an inflation or other economic issues.
And yeah, if tether has once again having an issue, they are on the spotlight right now in terms of it only because tether is already on the mainstream for being a stable coin. Tether and BTC are completely different cryptos. If one of them collapses, the other can hardly be affected in a negative way. In fact, the other will have more demand, as the people thinks they are much reliable.