While BTC has already reached almost 9.3k at this point, I feel it is absolutely necessary to pay close attention to: "16,000 BTC and BCH (~$165 Mln) Suddenly Moves From Mt. Gox Wallets":
"This is the first time that any coins have been moved from the cold wallets associated with Mt. Gox since February. On that occasion, the coins were transferred on February 5. The following day, the price of Bitcoin dropped to its low for the year – around $6,000." (Not sure if I can provide direct link here, but if you check Google, you'll see lot of articles dedicated to this issue).
I urge caution as the nature of this transfer is still unknown and if this is not a real sale, but a preparation for the one, then BTC can experience a big drop.
Personally, I moved 1/3 of my alts into cash to see what happens next. Not urge anyone to do anything similar of course (everyone should make decisions based on their own research) - but it makes sense at least to closely monitor the market for unusual movements until the situation is clear.
If the effect is similar to Feb 5-6, possible volatility can be pretty dangerous for both bulls and bears, especially in case of margin trading. Hopefully, this situation will not have much effect on the market, but in my opinion it is better to be safe than sorry. Good luck All!