Bitcoin Sees Bull Reversal Ahead of Chinese New Year

in bitcoin •  7 years ago  (edited)

My favorite time of the year when I was a kid, meant I was about to get lots of money because of how large my family is. This time I get to treat this little fella(first nephew) to his first Le Se(red packet of money) and I think on planning on doing it in Bitcoin.

Anyway to the article..

Bitcoin seems to be testing the 10k mark here soon, some investors fear the Chinese Lunar New year may play spoilsport

Ahead of Chinese New Year holidays starting February 15th, Chinese and South Koreans usually exchange Bitcoin for Fiat to fund increased spending, and Btc tends to drop in the run up to the event.

Source: Continue Reading Here

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