Almost all of BTC traders/holders/newbies/investors talking about BTC crash due to Chinese new year, but anyone knows what's the connection between chineese new year and BTC ?
I can explain it to you because China has a lot of people who invest in bitcoin. The Spring Festival is a very important festival in China, you need to buy and buy many things for the Spring Festival, such as buying new clothes, buying couplets, giving gifts to parents, gathering, etc., and the Spring Festival Prices are high, which all need to cash Bitcoin, which affects the price of bitcoin.