Chinese new year crash from today

[cryptohunter]

china = becoming a non event in crypto

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[pitiflin]

That is bull shit. Upfront bullshit.
You people think bitcoin will crash during every fucking festive. Don't you itself think you're sounding ridiculous and nothing but shit?
It won't crash,maybe the price will go down a little,and that by no means is crash. Learn something ,alright?

[bob123]

Uh oh Chinese new year is 1 day away and people are cashing out and bitcoin will be falling again starting today.

The cashout for the chinese (lunar) new year has started 3 weeks ago.
They arleady bought their presents and their ticket for travelling.
Usally bitcoin will start to pump after lunar. Which is in 2 days (16th february).
Additionally its the year of the dog, which stands for a good financial status (and less for healthiness).

This could (hopefully) mean there is much more money flowing into bitcoin than we expect.

[mitchel_am]

People can say whatever they want to say. Bitcoin will not crash and it doesn't depend on this chinese new year

[Nakakapagpabagabag]

So what ? Bitcoin and chinese new year are not connected. So we do not believe in such words. So far the price of bitcoins is rising, so you should not say that.

[kokowannabe]

just believe in your hearts that bitcoin will not come down, just hold and dont sell all your bitcoin ok? 

[Troysen]

January was a good month for bitcoin during the three year period of 2012–2014, while the performance was mixed in February. Let's hope it doesn't crash even more.

[Tyrantt]

Day by day closer to the end of the lunar new year and february coming to an end and the price is, slowly and steady, climbing up. We'll see a jump at the start of march. There will be no crash, maybe a slight drop. Stop spreading panic.

[magneto]

Uh oh Chinese new year is 1 day away and people are cashing out and bitcoin will be falling again starting today.

We're seeing growth in the exact opposite direction, though.

As I've said in previous posts, I think that it's still a bit of a myth whether Chinese New Year actually affects bitcoin prices or not. But the myth is so huge and so many people believe in it, that it's actually becoming a reality. Either that, or it actually does happen.

It makes absolutely no sense for markets to go backwards because of Chinese New Year though.

Let's assume that Chinese people do cash out before CNY in order to buy gifts or whatever in preparations for the new year, then the crash would have came way earlier than today, and from tomorrow on price should actually start recovering. If this isn't true, then price should not be affected whatsoever. None of these outcomes specifically results in a falling BTC price.

[moneyangel]

Uh oh Chinese new year is 1 day away and people are cashing out and bitcoin will be falling again starting today.

I see a green sign on the Bitcoin price all day as it climb to $9.6k. This is a clear indication that Chinese people are not a big holders of Bitcoin anymore, after the Chinese government give order to prohibit their citizens in all cryptocurrency activities or transactions.
We will see a Bitcoin price at $10k this weekend's just a little push.