You are viewing a single comment's thread from:
RE: What Is Happening With Bitcoin? - Huge Green Candle!
While it could be a dead cats bounce, I don't expect it to be!
Partly could be the explained by tax day in the states, but I don't believe this could have such a big impact on the market. But it will have some influence!
Just like the potential war in Syria, a new cold war between the states in Russia and the stock market which will have to see a correction or crash coming (their bulls market is running for to long)!
Let's say where we are within a week. It we still see some progress then we maybe can conclude that the hard days of 2018 are behind us!
Crossing my fingers, cause the wife wants a new bathroom!
I though that the tax season was not so relevant too, till I heard that the total amount that have to paid to the IRS is estimated at 25 billion. If only 1% cashed out it will be a sell pressure of 250 million. That is really a lot, more than the Mt. Gox guy sold.
That’s true. Let’s call me pretty new on the crypto market. Did purchased my first coins mid December 2017. Yep, ouch!
To bring down my average book price I have been investing some extra into these coins! Like they say trying to but the dip but unfortunately each dip was followed by a deeper dip 😔
Each time a new date was proposed when the market would turn green again. The bonusses at Wall Street, Chinese new year and now the tax date! So, while I always like them to be true, I do have build some sceptisisem in my mind. Not setting my hopes to high!
Let’s hope this time it is actually true and that the bulls have been prepping themselves for this day and will be released!