as everybody can see now Bitcoin is in decline mode but this is my own opinion and I am not telling it to the bears but only to the bulls who has sharpened there horns, it is now the time to buy !
Why ?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now
BTC was in 80 days never been so low priced
Now the altcoins wich has enormous potential like Ethereum, Litecoin, Ripple, Bitcoin cash, cardano, Stellar etc. all are for sale !!
So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?
What can you tell about it?
Yes. Of course it is the time to buy bitcoin. But I suggest you to buy it after a couple of week. Because as you mentioned that there will be starting of a new Chinese year. So, when they (Chinese) are going to sell Bitcoin than the prices of bitcoin will be low and you shall get opportunity to buy bitcoin in cheapest amount. And after that there will be the numerous number of buyers to buy bitcoin so the price will be rise immediately.