What makes the price of crypto down is the Lunar New Year
The Lunar New Year, or Lunar New Year, will begin on February 16, 2018 and, like Christmas in December, the Lunar New Year will also cause the market a loss.
The Lunar New Year is a huge one-people spend on gifts and travel for about $ 100 billion during this time. The crypto market has retail investors, which means that such an event will result in the goods being able to be consumed very quickly in a short time.
In fact, a Reddit user (u / Secruoser) shares an image (below) that shows the trend has always been in the last four years.