All this dip is just whales trying to get a good price before February rally when Olympics and Superbowl will bring new money in and drive the market back to ath

Superbowl for speculators betting on corporate advertising of Blockchain services. Olympics because many wealth individuals will be traveling all over the world to S.Korea one of the larger cryptocurrency markets, when you travel you often buy foreign currency. Travelers will see the convenience and potential of a decentralized world currency. After the Olympics the Athletes that had exposure may become advocates.

Miners know this and will stop taking profits to drive the price up. If travelers and athletes buy cryptocurrency to use as currency and end up with more money(fiat) then they bought in even after their travel expenses why wouldn't they be advocating it, and right as the whole world is watching and celebrating them.

Remind me the first/second week of march.

/r/Bitcoin Thread Parent