It's at a key point.
The uncertainty surrounding Tether may be cleared up soon. If it's bad news, it could be the straw the breaks the camels back馃搲
If Tether is able to provide support of their claims to have the financial reserves backing their "coin", it could be the catalyst the market needs to go on another run馃搱
If the total marketcap can settle above $500 bn or so, we will look to take new positions in some cheap ALTs.
"But I have no money to 'buy the dip'..."
We've stressed since the beginning of time the importance of managing Bitcoin within our portfolio. During the BTC bull run, we held 80%+ in BTC. During ALT cycles (December) we're closer to 50%.
With our strategy, when we feel like ALTs will have some huge upside we can tap into those BTC reserves we have. In the event of a real run, BTC has 2x potential ($20k) before we'd have to re-evaluate.
