Will Bitcoin moon after this day, or is it all just a coincidence?
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One interesting aspect is self fulfilling prophecy … if people think, chinese new year has an effect on price than it will have … The reason why nobody can see Chinese New Year in the history of the charts is that this beliefe is quite new … Actually, last Chinese New Year everyone told Chinese people need money to buy gifts and because of this the price is dropping. Perhaps it becomes a trading "rule" xD That's also the reason why TA works so (surprisingly) well … A lot of people – and even bots – trade with simple rules. For instance the last death-cross-drop happend because a death-cross is considered to be a bad sign – so people (and propably bots) sold
great video! I alread wrote two complaint comments about chart manipulation but I deleted them after you zoomed out ???
I cannot believe I’m hearing this utter BS about Chinese NY……..grabbing straws now AGAIN
Haha this is silly
FFS people nothing major is going to happen this year. Stop wasting your time.
Come back in 6 months and see where we're at.
Does xmas effect retail ? Is there a correlation, causation ? You don't have to believe in Santa Claus and thats okay. Other people do and it effects the masses. Different Belief systems. Asia is a different culture. IMHO, Lunar events are move about Pivots and not set on a specific date.BTC Historical price action has moved to upside in February. 70% of Liquidity comes from Asia. Upward Momentum after the Lunar New Year makes sense taking into account, Gold is approaching resistance. BTC check of 200 EMA on Weekly is a 20% move to upside. All possible. Year of The Pig .. And who doesnt like Piggy Banks?. 🙂 Thanks for your Perspective. Cheers ~
No it won't make any difference
I love the chinese new year fud! lol!
Chinese New Year is a crypto meme ha….same with Wall Street tax returns….
Why dedicate a video to something so obviously false. Chinese New Year is a joke meme, no one actually believes it.
200 weekly moving average rebound
Was a bust last year! Like your vids but this one is stupid!
You really are clutching at straws now lol
We will be in accumulation until projects like RLC, LINK and GVT start to actually turn real profits. Then it will be real working products and not just a bunch of speculative white papers
Ok so that was a complete waste of time….
theyre just market cycles. Chinese New Year isn't doing anything. 2016 was a coincidence
Mmmmmmm…. Interesting… The most important thing I get from the vid is the fact that we have already endured the same correction period than it was in 2014 (400 days, give or take), we have basically reached the same percentage in the correction AND the fact that we have followed the same patterns in the correction in 2014 now in 2018. We just got a major difference as the fall on that time was not as pronounced as it was in 2018. So, we shall see. I think we are very near if not are already in the bottom. We shall see. Have a nice one, B! 😀
Here we go again with this Chinese new year bull run bullsh88t!
Short answer: no
Long answer: No please god no I need to accumulate!!
It time to break that record
Excelent aproach: compare 410d longest bear market (2015) to now. My numbers show we can, by jan 31st, break this negative record (2 days); if not, low then has been on dec 15 (3150), 363 days bear market. Considering things are fundamentally better now than they were in 2014/15 (MT Gox), I guess bottom is in!
I'd be looking at the btc futures filling out in March for next price jump, it can only be suppressed for so long
No.
Good analysis. Coincidences are happening all the time – people need to understand that correlation does not always mean causation.
ho ho
I got into crypto based on following signs, If you believe in signs in life good if not great (pay more attention). The last confluence of signs based on dates was right when btc went 6k to 3k. If you read this far the next sign I have seen confluence around is Feb 15-19. I can not explain all of these and assume I am crazy, idc. I have been watching around this date for months now based on TA and have had other none TA confluence around these dates. So yes I am holding fiat waiting to see what happens this week mentioned. Haha I am serious yes, we will see, very few times I am been mis-guided. Good luck
Do not believe in mentioned date of the video but we will see.
This kind of shit pisses me off so hard I hope we drop like a rock the day after.
Great video
No, god it seems every crypto YouTuber and asking the same question today
I think the wildcard in all this information is the fact that it is the year of the pig!!!! That means it will be the biggest bull run in the history of mankind…..or it could also be the biggest bullshit in the history of mankind. Nice job showing the chart.
Great video! Who knows if the Chinese New Year will impact the crypto market? I watch your vids every day to keep up with crypto news. Keep up the great work. You will hit 100k subs in know time.
Hey same story as last year!
So irrelevant ! Get a life Dick …
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