I think a 2000-2500 target is possible with earlier levels among the 1500 to 1700 range, but beware current issues surrounding some exchanges.
USDT is a questionable "asset" that is pegged to the US dollar. However, pegs inevitably fail. There has been as much as an 11% disparity between the value of USD and USDT which is highly disturbing - a peg is supposed to maintain 1:1 value. If it fails it may cause major issues with Bitfinex due to using USDT as its USD reserves, and lesser troubles for Poloniex which uses USDT but at much lower volume.
If there is trouble at Bitfinex, the stresses may have been increased considerably due to rapid withdrawals from the cold wallet
[1] during April. The cold wallet balance has been halved since then and might simply indicate trader jitters, but worries about Bitcoin exchanges have tended to be well-founded.
With Bitcoin breaking out to new highs it seems sensible to me that it's worthwhile to simply hodl in a secure wallet. Should the need to sell arise, simply transfer the desired amount to an exchange.
Whether you choose to take action or do nothing based on the above information is up to you; being aware simply helps in the decision-making process.
[1]
https://bitinfocharts.com/bitcoin/address/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9rIm pretty much having a big laugh about that thing with the bitfinex, all that troubles that they have lately met.
It is not so often to see that goverments tells banks to close/freeze/suspend the bank accounts opened for the cryptocurrency exchange.
Im afraid that the part of clients that have used bitfinex will never get their money back, i guess that the authorities will claim that this money was seized from the "money laundering operation" or something like that.
It is sad for me that we are having such an incidents, but i assume that nothing is going to change unless many countries will accept the bitcoin like Japan did.
