Tom Lee Predicts Massive Outflow for Bitcoin

April 6, 2018

Prominent crypto strategist of Wall Street Thomas Lee has forecast a “massive outflow” for Bitcoin and other cryptocurrencies by April 17 this year as tax payment is due this day in the US which is true for cryptocurrency holders as well.

US citizens will have to pay about $25 bln as taxes for digital currency. Tom Lee is convinced, this will cause a large-scale selling-out crypto assets by common holders and major crypto platforms.

On top of it Tom has pointed out, Bitcoin will beat its lowest level and drop below after this day.

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