will Chinese new holidays affect bitcoin price?

[AlekseyCrypto]

I think  the market partly depends on China but now holidays finished. Community are waiting for the growth of the market, but I think it will be after summit G20 17-19 march of 2018.

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[flashmark]

It seems the last several years market behaved in similar pattern. I hope this pattern continues this year as well. If so, be ready for a next bullish trend.

[ak49er]

It seems the last several years market behaved in similar pattern. I hope this pattern continues this year as well. If so, be ready for a next bullish trend.

Thanks for the graphics) In this many believe and hope that the trend will finally change, and the market of altcoins will start to grow

[cryptonata18]

It is always said that Chinese holidays strongly influence prices. 80% of Asians make up the audience of the crypto market

[Andrei_Workout]

It is always said that Chinese holidays strongly influence prices. 80% of Asians make up the audience of the crypto market

now in 20 numbers there will be a big conference in gongong, let's hope there will be a turning point, and everything will go into growth, can not always fall.

[Elemco.in]

Let's hope that the market diversifies enough so that a national holiday is not influencing the price of BTC that much...

[okissabam]

I don't think any holidays will ever affect Bitcoin price because the market of Bitcoin does not depend on their holidays and cultures. Although there is a slight chance that if ever there are a lot of Chinese investors invested in Bitcoin then it would basically pull up the price, if they choose to increase the demand of supply in the market; just like what the whales are doing. They basically are taking control of the market, either Bitcoin or Alternate coins.

[Cocoincos]

Who knows? Whats going on? What happend with market?? I think all holidays were end but situation still bad! What to wait?

Well if you look at the news for cryptocurrency a lot of things to be consider and the biggest thing is that one of the whales sold his holdings of $400million, so i think this is the reason why the market are keep on falling. But again, this is just temporary I still believe cryptocurrency will bounce again specially with bitcoin.

Yeah , I read about it and it looks like true

Also I believe that now is the same situation as in previous years and very soon we will see positive changes

[Andrei_Workout]

yet in 1 branch wrote that the manager sells bitcoins and bits. cache, arrested from the stock exchange, and estesstveno not on a little, but just a bunch. Thousands of cues have been arrested there, and have already been sold. Here's the fall.

[vuonghoa]

Chinese holidays have just ended, and the G20 summit is coming. That is not to mention the google ban on coin and ICO. I think all the reasons that caused the BTC downgrade

[SorokinGervasii97]

Not the last role, except for deliberately spreading false information about the crypto currency, is the presence of significant drawbacks of bitcoin - slow transactions and too high commission fees.

[Ajiloveyuyun]

yes, it can always affect the price as many Chinese will go on holiday and maybe they will withdraw their money, but worry the btc price will not stabilize anymore. Maybe a little change, because as we know, in the last few weeks btc is down but before the price of NY China rises again and now reaches about $ 10,000 and rises ... When the BTC price falls, the patience for the market to recover no doubt.

[nezzard]

Hard to predict. But it is very commendable that you consider all the factors that can change the price of the currency. Immediately see who understands this topic)

[BettingTips]

I think at the momenth everyone already know the answer ). China New year holiday is the worst time for everyone in cryptocurrency world, Bitcoin and all other cryptocurrency dumped to hell and a lot of people turned into panic and cut their loss asap. For now, I can ensure that those guys whom sold all their crypto at that time to cut the loss are feeling regret about what they've done )

[rucapri0]

Yes. China beyond a has gift. I fancy the New Year is solitary of the intellects of change of prices.

[hetecon]

This one was so long ago, but I think that the first quarter of 2018 was the most difficult at all. But we survived this and I think that it will be easier.

[Cryptosis]

It ballplayer maybe occupancy back and forth on the honor, thanks to thither are so diverse Chinese and close testament energy on holiday and testament bear elsewhere generation to their loved ones and testament decidedly oversubscribe and withdraw some money.

[fonyo]

I craving that these days thither is an inka of big uncles with pantihose bags. And each the consultation any the holidays and so on is conscientious an attempt to elucidate the market movement.

[susuberuang]

I think it could have an effect on bitcoin prices, Chinese new year usually bitcoin prices tend to go down because it seems that whales who have much capital than this want to make a profit withdrawal and use the advantages of trading bitcoin to celebrate the Chinese holiday.

[rlm42]

In general, Chinese holidays quite strongly affect the trade in general. It feels like the whole country is freezing and life stops there. I faced this many years ago while was working with supplies from China.
As for the cryptocurrency, China is certainly the largest cryptocurrency investor, but price fluctuations were not particularly significant. The market is not very stable and it's hard to say that this year will develop according to the scenario of past periods.