I doubt that Chinese New Year has anything to do with this. 'Cause may be it is just natural circumstances that price are bouncing off after gradually decreasing, and we just bring some events to justify on what's happening in the market which is on the other hand could be one of the many factors existing, worse ain't even have any effect.
You look afraid with Chinese new year because bitcoin can going to lower price, but I keep optimist bitcoin always have higher price although what ever bad news but bitcoin keep strong, now we are waiting how most effective change of bitcoin halving make fantastic price for bitcoin become most expensive commodity price.
He didn't sound afraid, he only wanted to point out that the Chinese New Year most likely shouldn't have an effect to the price of Bitcoin. And I agree if there would be a significant change during these days it'll just be a coincidence because looking back at the price of Bitcoin in the previous years there's barely any pattern we could notice.