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RE: Bitcoin Price Being Suppressed

in #steemleo6 years ago

Interestingly enough the last 2 years saw Bitcoin's best price action happen in the spring and early summer, though 2018's price action was pretty different than 2019's. Either way, it will be interesting to see if there is some seasonality at play (tax returns?) that may make the old pre/post halving patterns not quite play out like they did previously...

Ultimately I think several months after the halving we are going to see the parabolic rally again, but around the halving it might get interesting with some seasonality sprinkled in.

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I think a lot of people are going to blame taxes when the price crashes in April.
And miner capitulation.

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