Long

Bitcoin and Chinese New Year 2021

By CryptoSteve564

Updated

I keep hearing Chinese new year could negatively effect the price of Bitcoin. Seems the opposite to me. If people are getting time off from work, them might have MORE opportunity to invest in crypto. Anyone else agree? Seems like a classic case of media FUD to me.

Note

I'm also seeing a lot of support at $47 and 45K on my chart.

Note

Bitcoin bulls eye 50K as data show BTC’s liquid supply in steady decline

cointelegraph.com/news/bitcoin-bulls-eye-50k-as-data-show-btc-s-liquid-supply-in-steady-decline

Note

I don't think Dan Nathan is a crypto expert. Bitcoin doesn't have to replace the dollar to have an impact on the currency world and continue to grow.

cnbc.com/video/2021/02/08/expect-more-sp-500-firms-to-buy-bitcoin-says-fast-money-trader-brian-kelly.html

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