Post
Topic
Board Speculation
Re: Deadline of tax payment in America is coming. Will the bull market appear again?
by
Denker
on 18/04/2018, 14:07:35 UTC
Recently, the reason why bitcoin declines is that the deadline of tax payment in America is coming, so some traders would like to close a position. After btc price rose by 20% last week, many experts think the mid-term adjustment of bicoins have finished. A lot of digital currency owners have to pay their taxes by statutory currency because the deadline of tax payment is near.

I don't know. That doesn't make much sense to me to be honest.
When people had to sell some Bitcoin or cryptos in general to pay their taxes, from which money they should buy Bitcoin again to make the price rise??
No this is all nonsense. If we will see another rise it will have nothing to do with tax day.
And which experts are you referring to? Do you have any source to follow?