Today bitcoin shocked me, dropped so drastically to the amount of $ 6000. making some people worried. and some call this condition is a good crushing.
and within a few days we will be facing Chines new year, how do you speculate when bitcoin meets a chinese new years? will they sell more bitcoin or will they buy more bitcoin with angpao?
That is true due to the upcoming Chinese new year this is one reason why bitcoin crush down. A lot of Chinese people are selling their bitcoins and converted into fiat in order to spend for the Chinese new year. Let us observe the days after Chinese new year if bitcoin will rise again.