RE: The Future of CryptoCurrency - Where is the Market Going? - Crypto News - The Future

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The Future of CryptoCurrency - Where is the Market Going? - Crypto News - The Future

in cryptocurrency •  7 years ago 

I personally believe that we wont see any extravagant movement in the market until after the Lunar New Year and tax season. After that money should be pouring back and hopefully see prices rise to another all time high!

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Definitely should see some more movement after the lunar new year and more in April during tax season.

Upvote!

probably gonna be a slow rise though.

I agree. I everyone speaks of the market booming once the lunar new years is over. but i feel like it will begin to come up, just in a slow pace. It may be the feeling of FUD, but maybe the market won't come back to its normal positions maybe until mid to late march.

If it comes back to "normal positions" by late March, I would be fine with that.

Might have to wait a little longer for "normal positions." Considering Crypto climbed so much this December/January, minus the dip. I think the way out will take a little longer this year than the last few. With all the new people and the random ICOs coming out, gonna be a rough time for the crypto space.

I don't think it will necessarily be "Booming" but it will see a steady rise after the new year. Plus tax season in the us and all the people who receive W2s will be getting money back to (maybe) invest in crypto. I just got my money back today, filed early.

I can agree with the fact it will most likely be a slow rise. Partially to do with all of the negative media attention lately. We all know that has a tremendous impact on the market.