Why crypto price down in January?

[MontgomeryHale]

There has been bad news from China and South Korea.
I'm so sad that bitcoin has fallen again today.
I lost a lot of money.

[YuginKadoya]

We can really see that the month of January has been very resistance to bitcoin and I really think it is because of the many holidays that we had during the December to January but that is all I can say, maybe because some coins that are just a ponzi have turned the image of bitcoin to a laughing stock for new investors and many in the community have now the fear in a lot of cryptocurrency that can be a possible explanation that I can think about, But it is my own opinion.

[fulmetal08larz]

Possible reason is that the investors who bought bitcoin at a 10x lower price level last year are still profit taking and could last until March. They are those who have a goal of 1 year for their investment who had a target price of $10k+. The new starting point for 2018 is at $10k level and if good news come like the lightning network implementation and other big corporations utilizing crypto, exponential growth might continue.

[Baofeng]

The price of cryptocurrencies has been down the last three years in January. What is the reason for this regular dip?

I can't tell about the last 2 years, but this year, we have been suffering from a lot of FUD coming South Korea and then their the bitcoin future contracts expiration that has somewhat contributed to the price dipping further. Other says' because of the Chinese New year. Investor's cashing it out to celebrate that holiday.

Well its been a trend for the last 3 years but knowing bitcoin's volatile history, we can't really say for certain if this is a regular dip. Its almost end of the month, I hope things change for the better in February.

[Cryptosaint$]

The price of cryptocurrencies has been down the last three years in January. What is the reason for this regular dip?

No one really knows. But we can all love to speculate:)

My guess is just tax manipulations, and also with a ton of money being pulled out during the holidays definitely has some residual effect on the month of Jan.

Think about your own financial situation. Is Jan ever a massive spending month for anyone in the real world? Hell no! Everyone's pockets are suffering from the massive spending that just took place between Nov and Dec.

[Wipro]

There has been bad news from China and South Korea.
I'm so sad that bitcoin has fallen again today.
I lost a lot of money.

Hey these are dead news buddy, Chinese banned in the end of November and straight next to South Korean government made the regulations on using bitcoins and banned ICO in the end of the last year. They have banned the trading site in this month that is only thing right in your answer.

Like last I see many regulations this year too but last February we all noticed the big bumps started from that time to end of November it was bumping more everytime.

[jollyreti]

Lot's of news have influenced crypto world, many countries have started to accept ot fight crypto world and this crypto field got very hyped in general.

[BTCbengi]

The biggest market for crypto is China. And if I do not remember wrongly in January they have a very large holiday, that is the lunar new year. So almost everybody sells what they have to prepare for the festival. Perhaps that is the reason for the coin price cuts. Besides, almost everyone in the beginning of the year is very short of money, so they sell crypto, which makes the price drop.

[Dudeperfect]

If you are noticing the price movements in last 6 months then you will understand the reason behind the price fall. There was a huge rally in the price especially in the last quarter of last year, everyone was buying Bitcoin in a reckless manner but then big whales decided to liquidate their Bitcoin investment and as a part of correction Bitcoin price fell down. I am expecting this chaotic environment to remain like this at least for next couple of months but then we will see the sustainable increase in the price for the rest of the year.

[Tinna25]

I see on the chart, at the beginning of the year bitcoin always correction. and by mid-year he will rise again .. and maybe for this year will be the same as the previous year. that's just my opinion