Quote from: BitHodler on May 05, 2018, 04:08:52 PM

I wasn't all that focused on tax sales at that time, but that would only convince me more of a correction to happen at $20,000.

Well, the thing with these somewhat predictable events is that you only know that they affect the market until they actually affected the market. And then we have to see the effect of the tax season on a market that hasn't gone up like crazy. There are too many variables involved making events such as the tax season work out as you think this year, but not work at all the year after. In other words, past events offer no guarantees in the future. What I however do agree with is that when we like last year experienced a crazy rush towards the end of the year, that it is very likely for a correction to occur due to investors using their profits to pay for their taxes. It still doesn't offer any guarantees, but it increases the probability of tax sales.