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.
Chinese new year? I guess there will be a massive dump before that day and after that there will be a massive pump. People are cashing out when there are important events that is related to their race, religion and beliefs. I'm guessing that before the end of February the pump will start but during the mid month of February certain dumps will occur.
I think so, there's no assurance of increasing price, anytime were possible to raised the value of crypto currency in the market. Actually I invest to the amount who fall down their value on the past day.
Because I was looking for the good value of each coin after Chinese new year comes. I just want to encourage many people to invest due to high guarantee of increasing up value of crypto currency exchange on the following days or months.
There's no assurance about the price pump and depending on the events that are about to come it will start to affect bitcoin. And for now bitcoin is quite stable and not moving at $11,000 if I see it reach back to $13,000 then that will be a big hope that bitcoin is starting to recover and will definitely going to be back at $20,000 soon. Not until seeing the exact day of Chinese New year or before it we can't tell on where will bitcoin going to lead us.