Post
Topic
Board Speculation
Re: Why crypto price down in January?
by
Baofeng
on 30/01/2018, 17:23:44 UTC
The price of cryptocurrencies has been down the last three years in January. What is the reason for this regular dip?

I can't tell about the last 2 years, but this year, we have been suffering from a lot of FUD coming South Korea and then their the bitcoin future contracts expiration that has somewhat contributed to the price dipping further. Other says' because of the Chinese New year. Investor's cashing it out to celebrate that holiday.

Well its been a trend for the last 3 years but knowing bitcoin's volatile history, we can't really say for certain if this is a regular dip. Its almost end of the month, I hope things change for the better in February.