For me, I dont believe that it is the new year that is affecting crypto based on some series of events that are currently happening or that have happened.
1.The price of bitcoin has been falling since last year, I wonder how many new years the Chinese will be doing if they are the one responsible for fall in price.
2. The Chinese people no longer controls the market in the crypto world as before with the series of regulations and bans that they implemented, their dominance of the crypto world for their new year anniversary to start affecting the direction of things.
3. Anniversary come and go but bitcoin price is not a respecter of feelings and opinions. As they are celebrating in China, other people are mourning in some other place of the world, some others are preparing for world cup while others are preparing for elections.
1.The price of bitcoin has been falling since last year, I wonder how many new years the Chinese will be doing if they are the one responsible for fall in price.
2. The Chinese people no longer controls the market in the crypto world as before with the series of regulations and bans that they implemented, their dominance of the crypto world for their new year anniversary to start affecting the direction of things.
3. Anniversary come and go but bitcoin price is not a respecter of feelings and opinions. As they are celebrating in China, other people are mourning in some other place of the world, some others are preparing for world cup while others are preparing for elections.
Yes, and the price will come back up once the market sways towards everyone else and it will become fairer since before most miners were from China, now at least the smaller miners can get a chance because they not competing with the huge Chinese farms.
