Lunar year is on 16 feb, will the market start rising on this date?
Or do you guys think it will rise earlier or later.
Or do you guys think it will rise earlier or later.
Chinese are essentially at the demand side of the market even though they have many mining operations, the momentum comes from Asia overall I think. So Chinese new year I do not expect to be the start of a market rise especially.
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However if somehow it also meant transferring cash to distant relatives ? But I dont think that forms much business personally, its more of a holiday now