I think we still have a longer way to drop. Tax season is coming up and the IRS is making it well known that they will be going after crypto traders. The result will be that many traders will need to sell some of their positions to cover their tax bills. The volume of sell orders will drive the price lower. I plan on waiting until the end of April to make some moves.... we'll see if my predictions pay off.
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Very good point. I've put aside some money for my taxes (which I'm doing tomorrow) and hopefully the end of April will bring some nice movement. Thanks for the insight! Respect