can bitcoin rise after the turn of the new lunar year later?
This is possible. Bitcoin won't stay on dip for long, the reason I think is because of the negative news from Asia and China otherwise, we would have seen a volatile movement. Is going to come anyway.
Yes thats true, negative news related with Bitcoin affects the mindset of the investors and workers, so for the past week Bitcoin has been in huge dump probably because of the mad rush of its price last year and the banning of some countries , I didnt know yet whats the reason but I also believe that Bitcoin will be okay after Chinese New Year.
This will not happen all the time that we will be experiencing the downfall in the market value of the bitcoin. This is just for some period of time and after that, the market value of the bitcoin will once again start increasing and you will be having some handsome amount of profit at that time. Till that time, you need to be patient and that you need to hold your bitcoins by keeping them in your wallet.