Quote from: kapalmabur on January 22, 2020, 11:14:21 AM

Quote from: meliodas on January 22, 2020, 08:32:12 AM

For the upcoming Chinese New Year, I am expecting for the price to have a deeper drop because the Chinese investors and holders will unload their cryptocurrency for sure because it is their time to take a vacation and to treat themselves. With those potential scenarios, I am preparing myself to buy dips when the chinese new year happens.

Does every Chinese New Year the price of Bitcoin and Altcoin always go down ?, If it goes down it seems like I will follow your way to buy Bitcoin at a support price Grin

I find this real funny. Investors don't let go of their investments for a certain holiday with the risk of not getting it back in the same entry price they got their asset. Yes in the past, the chinese new year has been linked to significant drops but i don't think that's exactly the reason why it's moving the way it does. Especially this year that btc halving is happening next month.