Quote from: cryptomarijuana on February 05, 2018, 09:02:21 AM

Quote from: Kean1998 on February 05, 2018, 08:07:32 AM

Why Bitcoin is decreasing?? I think bitcoin now are decreasing its because of this coming Chinese new year this February 16 and in that time bitcoin will mooning again .. That's why , its better to hodl it now and buy more bitcoin now while its in a low price cause it will pump after Chinese new year. 😇😇

That might be one of the factors chinese are one of the most biggest holder of bitcoin,they might cashout of their holiday but as i see from the past few weeks FUDs are the major reason why bitcoin's price has dropped exponentially,INDIA and KOREA fud triggered most of the investors to do panic selling while the facebook restriction on ICO ads has also some part of the downfall recently.

That's true, there are many things that are making bitcoin go deep, that is why as of the moment, bitcoin is keep on falling, that hopefully this coming month bitcoin will soon to recover.