Every year on April 15th is considered to be the last day that citizens of the United States and United Kingdom are required to complete their income tax return. In december of this year, the price of BTC increased nearly $ 20,000 and anyone who took advantage of the words BTC at that time has made quite big profits and of course they need to pay taxes.
Will bitcoin have a big dump run before April 15th?
The pump and dump scheme is the very rule of every kind of investment and there are several factors that regulates the valuation of BTC and the income tax return is one of the major factor among them and yes 2017 tax deadline affect the bitcoin price, those who made great profits in the last month of December, now has to pay very great and huge taxes and thus is plays a very crucial role in fluctuation in valuation of BTC.