Bitcoin Price Rebounds After Tax season
On Saturday, the Bitcoin price again reached the 9000 U.S. dollars mark. Tom Lee, the major analyst of Fundstar Global Advisors, was not surprised by this fact. In his opinion, the negative impact on Bitcoin price was caused by the U.S tax season.
Read the full article here: https://www.xmlgold.eu/en/news/article/664/Bitcoin-price-review/
I think he has also a point. Maybe, if the country has a large population of investors or they have the biggest whales then they will really affect the price of bitcoin. Since America is a big country with lots of big investors they do affect the price of bitcoin.On Saturday, the Bitcoin price again reached the 9000 U.S. dollars mark. Tom Lee, the major analyst of Fundstar Global Advisors, was not surprised by this fact. In his opinion, the negative impact on Bitcoin price was caused by the U.S tax season.
Read the full article here: https://www.xmlgold.eu/en/news/article/664/Bitcoin-price-review/
Well if majority of american's sell of their bitcoins then maybe they can really affect the market but if they are some of them just selling of due to unknown reason then its really bit sketchy to tell that they can since as I know major players doesn't give a shit on short term fuds since they surely all know that bitcoins would ever climb up again. But if USA.China and other huge country combine then maybe we can say that it is truly contribute to the dump coming.