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?
After chinese new year maybe some chinese investors will hold their bitcoin until 3rd week of their new calendar because we all know about chinese belief that taking out money at the beginning of the year will be bad luck in business. But I'm sure crypto currency will recover atleast at 2nd quarter.