The bearish price movement is doing the most right now in the market and a lot of us are gradually coming to a common understanding that the pull down is not going to stop anytime soon. Probably not this February as it appears unlikely not to end in reds like the three months before it. Geopolitical tensions continue to shit on the market creating fear and uncertainty which has led to consecutive three red monthly candles, what's now the tendency that February would be exempted while the tensions escalate.
February will follow suit just like the past three months because the market doesn't have the momentum to go green and just like you said, geopolitical tensions are rising which indeed it is causing more panic and FUD in the crypto market, so i think that the demand for bitcoin will slow which means there will low supply and we know that the price is majorly determine by demand and supply, we should just expect a red month and of course we have seen the price movement since the beginning of this month, there's no indicator of a green month for now.
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