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📉
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📈
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.
