The price of Bitcoin has increased after Chinese New Year four times over the past five years. With the exception of 2014, the price of Bitcoin has increased by at least 6.45% and by as much as 39.26% from Chinese New Year until the end of February. Below are some charts illustrating these figures. The red dots on the charts indicate Chinese New Year. Chinese New Year falls on Friday, February 16 this year.
2013
Bitcoin price on Chinese New Year: $23.97
Bitcoin price end of February: $33.38
% Change: 39.26%
2014
Bitcoin price on Chinese New Year: $800
Bitcoin price end of February: $565
% Change: -29.38%
2015
Bitcoin price on Chinese New Year: $240.2
Bitcoin price end of February: $255.7
% Change: 6.45%
2016
Bitcoin price on Chinese New Year: $370.49
Bitcoin price end of February: $439.16
% Change: 18.53%
2017
Bitcoin price on Chinese New Year: $919.43
Bitcoin price end of February: $1189.1
% Change: 29.33%
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BTC Wallet - 18BR7SB8rzxwFkmUgzrpBJsELCdJEXvgLC
ETH Wallet - 0xf841727be19ab7746471a9dad938badb4bbf7af9
LTC Wallet - Lcaj6ug3kSeZmGTfUxMk8J7W3anBexeLF6
Legal Disclaimer: This is just my analysis and not to be taken as professional financial advice. Do your own research beyond what you read in my blog posts and make your own decisions based on your beliefs about what to invest your money in.