Here you see that Bitcoin drop every year mid january

[cryptojoe]

third topic with this.

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[MrSpasybo]

Interesting. It is possible that the Asian people decided to sell BTC to prepare for the New Year's Day celebration according to the Moon calendar. Wait for new raising phase of BTC. 15.000$ is a good price.

[darkangel11]

Usually after the Christmas bitcoin surge, people withdraw their money on January. So, we can just mark January as a dumping time. Well, we should get used to it because it's part of the crypto cycle. Prices will recover soon for sure, this was all because of the FUD coming out. So, just hold strong.

There are car promos at dealerships at this time. 2017 models get huge discounts. We are already recovering, it seems this 9900 could be the new low point. If we don't break it this week it will be the starting point for this years surge. Get ready for 20k in a few months

Omg sweet I was keeping it together but barely because I was fearing we have switched trends over, good to know I can relax and this has happened before. Not saying it will go up soon but this gives me confidence to hodl harder than I could now.

Don't waste your time worrying for nothing. Instead open charts or go to tradingview and learn something. The short term uptrend was broken, but we are still above the long term trendline. To break it we'd have to go below $5000. If we follow this line our lows in April and may should stay above $7000 and I believe they will.

[stevano]

https://picload.org/view/ddcdcalr/img_20180116_192845.jpg.html

if you look at bitcoin prices right now yes it is time for us to invest here, because when else can see bitcoin down to 9k and usually after this price will rise again in the next month after the celebration of Chinese New Year

[cindygirl]

https://picload.org/view/ddcdcalr/img_20180116_192845.jpg.html

if you look at bitcoin prices right now yes it is time for us to invest here, because when else can see bitcoin down to 9k and usually after this price will rise again in the next month after the celebration of Chinese New Year

I'm fairly sure you're right about it being a good time to invest but there's no way that Chinese Lunar New Year is the only reason that the price has crashed as low as 10k. That just doesn't add up, the other stuff all comes in to it and so getting Chinese Lunar New Year out of the way doesn't suddenly mean there will be some miraculous recovery.

[Vinalians]

https://picload.org/view/ddcdcalr/img_20180116_192845.jpg.html

yes that's true i see this photo last time also it is not the south koreans and china that are causing the price of bitcoin decreases it is the nature of bitcoin. the price will decrease to secure more the bitcoins. it will be increase for sure. just hodl now.

[Halcyon Days]

This is indeed an interesting finding and until now, it repeated every year. Even though there are several explanations for this like the Chinese New Year or U.S. people cashing out for taxes etc., I am not sure, what the reason is exactly. I am looking forward to the upcoming year, as I wonder, if it repeats again.

[jooj]

 every new year that Bitcoin price drop due holidays but not for that level of drop its more than 50%. but for sure bitcoin price will  pump soon.

[CyberKuro]

https://picload.org/view/ddcdcalr/img_20180116_192845.jpg.html

Mid of January become the day of correction after the bulls run and seem like bitcoin will recover by the end of January or in February such as happened in 2017 where bitcoin increases slowly over time. The cycle always repeated, maybe someone or a group of whales always do the same thing in the mid of January, to cash-out at the moment to give an opportunity for new adopters to enter the market at a lower price. Honestly, it's a good thing as most altcoins declined as well, buy more coins in the dip and sell at the peak.

[TiffanyLien23]

https://picload.org/view/ddcdcalr/img_20180116_192845.jpg.html

Thank you for this. It can help me to analyze how the bitcoin system works and when it will be the pump and the dump of its value.

[Maxcrypto1990]

yea its nice to see that this happens every year, just hold and wait for the market to pick up again.

If i had more capital id be investing right now

[kotajikikox]

https://picload.org/view/ddcdcalr/img_20180116_192845.jpg.html

i know what will happen for now bitcoin go dumping the price i think in the few days bitcoin continue dumping but  in my reasearching and reading in the forum before, pump and dump are normal work movement from digital crypto currency i think no need to worry bitcoin dumping today later on the price will raised again in the market price.

[X2PR8888]

I've heard from bitcoin users and traders I personally know how bitcoin prices really drop by either late December until mid January or the whole January in fact.  They say that it happens because most traders and users pull out some of their bitcoins and convert it to fiat so that they will have resources to use during the Holiday season.  They need money to shop and purchase gifts and prepare for Christmas dinner and all that comes with the festivities.  So I'm assuming based on this that when we have a lot of pull outs, that could cause a dip in bitcoin's value.  I am no expert here bit that's just theirs and my observation but now, looking at the brighter side of things, bitcoins value will still rise again, and that is something that everyone looks forward to.  For the timebeing, people should take advantage of the price drop now to but bitcoins if they like and can afford it.

[genwealth17]

How long does it take prices to generally stabilize? I see the charts for the consistent dips in January however I don’t see info on when it will recover- any ideas here? I'm curious to see how quickly it recovers

[Nfp]

How long does it take prices to generally stabilize? I see the charts for the consistent dips in January however I don’t see info on when it will recover- any ideas here? I'm curious to see how quickly it recovers

It's a normal movement of the market value of bitcoin mate, you don't have to be worry about this continues dumping price of it, this is the best time for us to buy more bitcoin to have a huge profit in the near future rather than selling of all your bitcoins and losing so much money, Because for sure, after this dumping of price of bitcoin, it soars higher than what you've expected.

[vhiancs]

That's why we need to keep calm and hold our bitcoin until the bitcoin price will recover from the deep down fall. I'am sure this coming february the bitcoin price will increase again and many users are regret it because they sold their bitcoin at low prices.

[jtipt]

https://picload.org/view/ddcdcalr/img_20180116_192845.jpg.html

you forgot January 2014. $800 January and $200 December. But yeah this January dip is happening each year, so it's no need to get all panicked and sell. Not yet at least.

[drwhobox]

Most of the people here said that everytime chineese new year is approaching big chunk of coins/tokens are being sold = big drop for Bitcoin no need to worry about the drop it would recover soon enough after the lunar new year.

[wuhanyan21]

Illuminati confirmed

[Beehives]

Hmm seems it is a tradition of btc. Thanks for this one. Investors have a hint already what to do on mid of January.