I am sure many events recently influenced bitcoin: news about tether, incoming futures date, regulations of several countries, but do you think that Chinese New Year could also influence it at some point? Perhaps many Chinese are withdrawing now in order to purchase gifts for their family member and that could influence bitcoin rate.
Agree that it is also one of the factor that causing price falling like what happened at the Christmas time but now there are lot of factors included at the same time which resulted in mass price fall.
But now I don't have any idea when the price will recover,after the Chinese new year?