It's happened every year since 2015 and this year is no different. The theories as to why however always change.
News stories about countries banning cryptocurrency? Maybe, but those happen so often it's hard to give full credit.
A better theory perhaps, people who made millions the previous year taking funds out as they begin preparing their taxes. But my point with this post isn't to add more speculation, there's plenty already.
Whatever the reason may be, it's important to note, the January apocalypse has always been followed by a bull run setting new record highs - ALWAYS.
Author: Ross Davis
San Francisco News Desk
