Post
Topic
Board Speculation
Re: Here comes the CHINESE NEW YEAR!
by
shata
on 17/02/2018, 21:49:11 UTC
So, what would be the effect of Chinese New Year in the market on Feb 16? Any thoughts? Is it a big deal?

Edited

Maybe. I think yes, because China is one of the countries that really supports Bitcoin. Maybe we can assume that it will decrease its price  before and after Chinese New year. Chinese are cashouting their bitcoins in able for them to get money and they will use it in their foods. They will buy many foods and many things that they want and it will cause the Bitcoin’s price to decrease.