CNBC: Here's Why This Next Quarter Should be Better for Bitcoin
Published on:
Apr/04/2018
Bitcoin just experienced its worst 1st quarter performance in its eight years of trading so things can only go up, right?
It's all about history, maybe.
"Q2 is always good for Bitcoin," Brian Kelly, founder of Brian Kelly Capital and a "Fast Money" contributor, told CNBC's "Futures Now" on Tuesday. "There will be a significant rally here if seasonality brings tail winds."
Seasonal tail winds include an upcoming annual development cycle and a number of big conferences, such as Consensus in May, that usually inspire positive sentiment, said Kelly.
Watch below
Bitcoin is likely to rebound in the second quarter, says crypto expert from CNBC.
