Quote from: cryptomorphines on February 05, 2018, 02:49:50 PM

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. 😇😇

Chinese new year would be one of the reason why the total marketcap is declining,chinese has the most bitcoin in the world which make sense and another thing to consider is FUD,because few days back there is a lot FUDs spreading to our community that creates panic turned to bloodbath.

How many times do they celebrate new year? Didn't the large cashout in mid January is because of Chinese New year? I think that might have triggered some selling pressure so it is going this low. Everybody were saying 8K is the strong support but see what happened now? Crashing like there is no tomorrow.