Many market observers expect crypto markets to have high and sharp (up and down) peaks this year compared to 2017.
A few weeks ago, bitcoin traded at more than $ 20,000, and at the end of 2017 the price dropped to about $ 11,100. This was followed by a rebound again, with bitcoin reaching $ 15,500 on Saturday.
Meltem Demirors, director of Digital Currency Group, an investment company that invests in crypto-blockchain currencies and companies, believes that a new momentum is coming when the bouns season arrives in Wall Street.
"When Wall Street bonus reach bank accounts on January 15, I imagine we will see a buy order of crypto purchases of epic proportions," wrote Demirors on Twitter earlier this year.
'Get ready for an explosion'
The traditional start of the year is a time when Wall Street traders can influence their bond payments, as many traders bet on their extra income.
The bouns in mid-January probably reached about $ 1,38,000, as can be seen from the calculations of the New York State Comptroller, Thomas DiNapoli.
Twenty years ago, The New York Times wrote about car dealers in New York who benefited significantly from Wall Street bonus.
"They are young and aggressive people who can make spontaneous decisions", the newspaper quoted a car salesman who said at that moment. "They come to see what's in the inventory and when they receive their bonus checks: bingo."
In 2018, the crypto market could be boosted by Wall Street bonus.
"Young people have looked from the side, put a few thousand down here, a few hundred there", Demirors told Business Insider Deutschland. "The bonus season and the tax credits mean a lot of money for cryptography."
"Prepare yourself for an explosion".
I am excited for this week.
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i am also i hope this week is good for us.
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Any crypto-idea for buying??
Thx for the post! looking forward to it!!
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You all need to get on Kucoin and get some KCS. Its the exchanges own coin, as more people join its value goes up... easy money.
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I dont even remember how many days we are moving on red.. I hope this become reality, and we start moving on green again! We have to build a bigger and stronger crypto community this year!
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yes..! right and 2018 is crypto year.
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lol :)
traders with little faith.... you know, for some reasons, I prefer the bloody market to the greenish one.... maybe cos I know that after the rainbow comes sunshine.... but soon the sunshine is over - after selling everything at profit and the only thing to make me happy would be another rainbow (bloody market)!
So fear not, the red moves will only last but for some time....
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I don't have much in my crypto wallet but i still look forward to the little profit i will make when the market booms
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then get ready for little profit.
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Hope the fall in prices is just temporal
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Blockchain is an awesome technology, is the future..
Learning how it works, start to use it will be really usefull next in time! :)
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When will this be over?
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Coins like etc, neo, strat will see huge jump
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yes..!
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Upvoted and resteemed. Lets hope they are right :)
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Thanks..! baki
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:D 4182 views and only 9 votes... i found your article from crypto signals is this your app?
Lets cross our fingers you are right and this ppl really want to spend their bonuses on crypto :)
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i am not from Crypto Signals team but they are just post my articles. all views come from Crypto Signals many users no have steemit account that's why 9 vote.
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I need that btc explosion! Hahahaha
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I think Bitcoin is going to surge during those months where tax returns are being paid out.
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This is a moment in history like no other. Have fun in crypto world, folks, but be careful!
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all cryptomeniacs should really expect a BOOM!!! In no time this would be a reality as the Wolves of Wall Street are already coming in!
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More than 1t market cap before end of next week ?
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i think not possible.
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