Any idea where this could go?
Probably price manipulation by a whale with hopes to spark a Christmas pump so they can dump and regain losses.
Have the Tether people been convicted yet?
Likely to lay dormant for 1-2 more years and then climb, with another mania/bubble phase. Crypto has historically run in 3-6 year long hype cycles, and were at 2 years post-bubble right now.
I don't think Bitcoin tech is sustainable. Don't see any future until some breakthrough for time taken to process a single transaction.
Long term a good idea. Maybe $200,000 by 2026
Hard to tell. I sold all my bitcoins as Indian government started to criminalize bitcoin trading. I initially thought it is the next big thing. But nowadays I am more skeptical. My guess is it will stay at current position till some major boost comes.