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RE: The "April 18th Tax Theory" Of Bitcoin Price Recovery

in #bitcoin6 years ago

I don't see April 18th as a crisp inflection point. But as tax time in the US fades for the year, it might help nudge the sentiment into a more positive vein. The peak in December turned out to be quite inconvenient because you can't cash out for a loss and reduce your taxes. All the big losses that might provide tax write offs happened this year.