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. 😇😇
bitcoin deflation have a variety of factors to be considered, but not a Chinese new year may affect the price of bitcoin, the very significant explanation is simply that bitcoin is based on speculation ,meaning, it may vary the situation and information circulation of the crypto currencies, if bitcoin investors sensed its value is falling it has a domino effect of selloffs.