Despite Good news coming from bitcon this days, the fall still continue..... Can one help identify the reason for the fall?
As others are saying Chinese New year is about to come so there are beliefs that this is due to it and plenty of Chinese are cashing out just to spend it for that upcoming event. AFAIK, it's part of their belief and culture that every start of the year there should be plenty of money on their side, pocket just to make this whole year prosperous.