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Long
Dec 22, 2016
BTC FOMO PULL BACK
3
Grab this chart
Grab this chart
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
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