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RE: Time to be buying?

in #trading7 years ago

I actually just put a little more into Bitcoin. When looking through last year's data, I found that BTC also dipped last year to its low point for the year in January. My running hypothesis is that cryptos run counter to the January effect, which is when stocks tend to rally after the December selloffs you see. My instinct is that people are putting more money into equities from crypto coupled with their fear of cryptos being investigated, etc. Obviously need more data but I could see a nice rally in the near future for BTC.