Lunar New Year this time not so big impact on the decrease of bitcoin, bitcoin only down about 9% only.
Now the Lunar New Year has passed and bitcoin has increased by about 9% just as before (running in the same place).
True, I was expecting a more dramatic changes in the market not just on bitcoin but to altcoins as well since it is even expected to have btc moon because of Chinese New year but then again I guess it just proves on how unpredictable the market is.
After what's all been said and done. There was no dramatic changes in the market as everyone has suspected. We are all very happy thinking that the end of the Chinese New Year will bring new hope to all of us to end this bearish trend, sadly though it was not the case.
So its safe so assume by now that in the next coming years, no holidays will have a big impact on bitcoin. Its still based on what people though about it, whether investing on it for short/long term, or quickly dumping it during crashes or if they needed fiat ASAP.