Will Bitcoin rebound in Q2 2018?

- It’s been a hazy start to the year of 2018 for bitcoin, but here comes the sun.
- April 17 marks the end of tax season in the United States, which started in January 29. Investors who profited from bitcoin’s massive rally in December are having to come up with the money to pay Uncle Sam now, which could explain a percentage of the selling pressure in the bitcoin price in March.
Coincheck may be on the block in the near future. Not only is it for sale but the potential buyer, the Japanese third largest online brokerage Monex Group, is the parent company of US-based TradeStation (with massive data and charting capabilities) and is publicly traded.
- In general, the forces for bitcoin are stronger than the forces against it.
There are many unpredictable things related to cryptocurrency. For instance, major bitcoin markets around the world including the United States are awaiting a regulatory framework to take shape to take the uncertainty out of the equation, among other reasons. It could be the catalyst the cryptocurrency markets need to bring them over the top.


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