The Chinese New Year has an impact on the economy that leads to a decrease in bitcoin, but not too low. That's because the people who celebrate Imlek prefer culinary shopping and spend a lot of money for the needs of Chinese New Year. But after the, bitcoin back up as before.
I will support with you that the Chinese new year holiday, the investor sell their bitcoin to celebrate this event .But after that the holiday the value of bitcoin was accellerate again its because many investors started to buy bitcoin and altcoins after holiday.
You mean that price of coin will up after holidays, can you suggest when it's happended ?
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