Starting Jan 7, 2014... BTC crashes -23.13% (24 days before Chinese New Year which was Jan 31, 2014)
Starting Jan 26, 2015... BTC crashes -32.35% (24 days before Chinese New Year which was February 19, 2015)
Starting Jan 15, 2016... BTC crashes -24.19% (24 days before Chinese New Year which was February 8, 2016)
Starting Jan 5, 2017... BTC crashes -35.39% (23 days before Chinese New Year which was January 28, 2017)
Starting Jan 24-25, 2018... will BTC crash 25-35% to continue the trend??? (23-24 days before Chinese New Year which is February 16, 2018)
Very nice :) exactly my point too sir.
Unfortunately yes. We will see $9,000
Interesting seasonality there... However, if the China had already banned trading, how are they having so much influence on the price?
Think they banned trading jn september and lost billions when bitcoin went to 20k..so dont think they will ban it anytime soon..if they do like s korea it wont be permanent ...lots of money to be made for countries trading crypto
Charts dont lie!