Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
BTC FOMO PULL BACK
Long
BTC FOMO PULL BACK
By Goodplanets
Follow
Follow
Dec 22, 2016
3
Dec 22, 2016
China offers citizens a 'no questions asked' 50k exemption on funds exiting the country on a yearly basis.
This roll date is said to be in early January.
I believe the BTC Rally will culminate in the discovery of the Chinese buying power early in the first quarter of 2017.
In turn I expect an over correction followed by retracement.
chinalawblog.com/2016/12/getting-money-out-of-china-its-complicated-part-4.html
chinese-outpost.com/chinapedia/economy/fiscal-year.asp
BTCCNY
Goodplanets
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.