Walmart Analyst Thomas lee said that the bitcoins huge plunge in the crypto market after the huge hit last december will come to a stop after the tax filing by mid April and more than $ 25 billion holdings will be taxed. The bitcoin market plunged to 50% because of the uncertainty of regulating bitcoins. Lee is of the opinion that there are more chances for the price of bitcoins could increase above $ 20000 USD by mid year and could hit upto $ 25000 USD by year ending, let's wait and watch what is going to happen in the crypto market after April 17th, hope that bitcoins will start to recover and so does altcoins.
These would be a great news for everybody especially to those who have already BTC because there would be a greater possibility that they would get a higher profit or amount in the mid-year of 2018.
I do not believe on this date but I rather would believe on people if they start holding and keep buying automatically btc will rise. But overall if btc start rising in April it would be the best thing to happen for all the investors awaiting form long time.