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RE: What caused the drop in Bitcoin? Hint: It might not be what you think...

in #bitcoin7 years ago

I agree with you..but i won't call it xmas magic.....although apart from the manipulation u would expect a massive withdrawal this xmass plus a massive reinvestment in the new year period...maybe not massive per say...

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Thinking there is considerable incentive for earlier investors to wait until after 12/31/17 to take profits due to the new tax laws. Maybe another dip coming in early 2018?