many people in here exspected that doge will rise at/after chinese new year (feb. 16th).
but now that china regulates the market more and more and now even banned the foreign exchanges it will be unlikely that there would be a good profit after feb. the 16th (at least not because of china's new year).
how do you think about this?
or do you still exspect a significant rise after new years?
in this case many chinese would need to find a way around these bans and regulations.
Now all currencies go down abnormally. No one can expect a rise on dogecoin while all market goes down.
First of all market has to rise to up. While BTC is dying nobody waits any rise of doge.
My point of view this fall will continue until 20-30 sats.
what i meant was that most people who wait for chinese new year and exspect a rise for dogecoin imply that many chinese would buy dogecoin then, am i right?
but now we have a new situation that it is not allowed anymore to trade cryptos in china (that would include buying dogecoin).
dogecoin might rise again in the next days but chinese new year wouldn't be a big factor for this rise because most chinese people won't/couldn't buy doge anymore.