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Market movement after the Chinese New Year holiday
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Topic: Market movement after the Chinese New Year holiday (Read 479 times)
jacafbiz
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Re: Market movement after the Chinese New Year holiday
February 23, 2018, 11:39:16 AM
#61
I don't understand why people put great significance on this Chinese festival, I think this just happend when there are so many negativity in the space, alot of events have happend that I think impacted the price far more than one festival or the other
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trickyriky
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Re: Market movement after the Chinese New Year holiday
February 27, 2018, 03:48:50 AM
#62
Quote from: J_CCreate on February 23, 2018, 10:30:02 AM
Asia guys are starting new trend. Just wait for the full run in March. It will be hot.
I also wrote here someday that I do not see any connection between Chinese New Year and the market of cryptocurrency movement. Suppose spring will melt not only snow in some areas but some alts’ stagnation.
marcau
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Blockchain enthusiast, English-French Translator
Re: Market movement after the Chinese New Year holiday
February 27, 2018, 03:52:31 AM
#63
Historically CNY was a time of market pullback, and this year many bad news coinicidentally came at around the same time.
Now we are exiting CNY period and good news start flowing with the SEC, Europe...
Riddikulo
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Re: Market movement after the Chinese New Year holiday
March 12, 2018, 11:43:59 AM
#64
Quote from: wodebutterfly on February 20, 2018, 10:56:25 PM
It seems that the 24H trading volume is pretty low recently, as the Chinese New Year holiday is coming to an end, what do you think the market will move, especially the altcoins?
I think that the market will start to rise sharply from the beginning of April. Now you can already see the price stabilization, but there is not much growth.
Bonus777
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Merit: 10
Re: Market movement after the Chinese New Year holiday
March 12, 2018, 11:47:29 AM
#65
Quote from: wodebutterfly on February 20, 2018, 10:56:25 PM
It seems that the 24H trading volume is pretty low recently, as the Chinese New Year holiday is coming to an end, what do you think the market will move, especially the altcoins?
No one can answer this question. While the market is on the correction. After correction there should be growth. When this happens no one knows. One thing I can say with certainty: this will happen when no one will wait.
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