With troubles facing Tether, traders will likely put their money in BTC (refuge) and maybe sell their alt coins which will put more pressure on Bitcoin price and make it go up even more. Basically I see BTC market cap share reaching 72% and becoming a refuge against alt coins (not doing well lately against btc).
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.