What is the effect of Tax Season on BTC, especially considering 2018 was a loss-year for virtually all crypto? Will tax refunds be a boon for crypto in the coming months? Or will a sell-off to cover 2018 due taxes continue to drag BTC down?

BTC is so volatile, that a 2x increase in price would not be unlikely before this proposed situation's 1% position happens-- arguably doubling the money in required to buy the target volume of BTC .

Also, the BTC community is composed of an undetermined number of HODLers that might not lower their respective asking prices, resulting in a gray area of what the price-rise would look like to actually fill the 1% positioning from Macro Funds.