Bitcoin 2018 Spring Roadmap, IRS/Tax April Cashout Theory [BTFD]
Updated
Greetings once again BTFD members, lurkers and first timers!
Weclome to the greatest show on Earth right now!!!!
Its been a really fun and exciting path towards finding the TRUE value of Bitcoin since the rather over-inflated peaks of December and January
So what is the true value of bitcoin? its different for every person to be frank and thats why its having such a hard time finding its floor and is performing exactly how it should considering the tech and what it does and can be used for
my main theory which has also been confirmed now by a few other btc charters such as goldbug,
the US Tax/IRS stuff concludes on April 15th or so i am to believe, meaning people who bought and sold BTC last tax year now will have pretty large taxes to pay off, many people probably didnt know or realise this until too late and hence why there has been such a huge sell offs every week about $5-20bn has been going OUT of the market and not coming back in nearly as much, the Mcap clearly show this
So im charting that after 15th April we might see some trickles of life coming in to back bitcoin back up to some even stupider levels than the last all time high
BUT.....
until the 15th im totally bearish and by looks of things we are going to see a sub
4K bitcoin after all.
i expect the sell-off to be quite short and the rebuy very fast as i have been saying since last year this would play out around these levels
so you can use my chart as a guide for rest of the spring/summer and see if my theory is right, be nice if it is, cause im leveraging every part of it this year!
WHEN MOON? WHEN PARABOLIC?
End goals if the Gann fans hold then im seeing a nice cross around 12.5k for a first target and then back onto test ATH's after a small correction/pullback
Will be a Golden cross formed if the buying after sub4K is steady and fast
Expect bounces on fib levels and we will go much more into detail via the telegram and our new discord playroom (PM me for details)
JOIN US ON THE LINKS BELOW for 24/7 FREE Bitcoin and crypto coin analysis and ZERO pump and dump spam :)
Weclome to the greatest show on Earth right now!!!!
Its been a really fun and exciting path towards finding the TRUE value of Bitcoin since the rather over-inflated peaks of December and January
So what is the true value of bitcoin? its different for every person to be frank and thats why its having such a hard time finding its floor and is performing exactly how it should considering the tech and what it does and can be used for
my main theory which has also been confirmed now by a few other btc charters such as goldbug,
the US Tax/IRS stuff concludes on April 15th or so i am to believe, meaning people who bought and sold BTC last tax year now will have pretty large taxes to pay off, many people probably didnt know or realise this until too late and hence why there has been such a huge sell offs every week about $5-20bn has been going OUT of the market and not coming back in nearly as much, the Mcap clearly show this
So im charting that after 15th April we might see some trickles of life coming in to back bitcoin back up to some even stupider levels than the last all time high
BUT.....
until the 15th im totally bearish and by looks of things we are going to see a sub
4K bitcoin after all.i expect the sell-off to be quite short and the rebuy very fast as i have been saying since last year this would play out around these levels
so you can use my chart as a guide for rest of the spring/summer and see if my theory is right, be nice if it is, cause im leveraging every part of it this year!
WHEN MOON? WHEN PARABOLIC?
End goals if the Gann fans hold then im seeing a nice cross around 12.5k for a first target and then back onto test ATH's after a small correction/pullback
Will be a Golden cross formed if the buying after sub
4K is steady and fastExpect bounces on fib levels and we will go much more into detail via the telegram and our new discord playroom (PM me for details)
JOIN US ON THE LINKS BELOW for 24/7 FREE Bitcoin and crypto coin analysis and ZERO pump and dump spam :)
Trade active
we saw a massive reversal around this date of 15th April
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