Bitcoin careened 25% lower Tuesday after a startling gain of nearly 1,400% last year and peaking at roughly $19,500 per coin in late December.
We are screenshot the Bitcoin price on January from 2015 to 2018. Here are the result:
Chart on Jan 2015
Chart on Jan 2016
Chart on Jan 2017
Chart on Jan 2018
As you can see, during the period (from 12 to 15 on January), Bitcoin price dropped like crashed. We found 2 reasons for this :
- Lunar new year for Asian countries like China, Vietnam and Korea,…
- Asia being a dominating player in the crypto market
We all seen that it always happended on January anually. We are not implying you should buy or sell. It all depend on you.