The Year of the Ox is drawing near, are we prepared for what's to come? 

Long term investors may not have much to fear (apart from missing out) as compared to leveraged traders, overly confident with their long/short positions. Looking back at history, we can see that the Chinese New Year tends to have a strong influence on crypto prices especially Bitcoin. So what exactly can we expect?   

Taking into account past events, we can possibly see the following occur:

i. Negative price changes in large magnitudes a few weeks prior. 

ii. Market recovery in smaller scales during and after the celebration period.

Further details of this analysis can be obtained here.

Market prices can be influenced by many factors, one of which is human sentiment. When it comes to crypto, how big of an effect does this have? Only time can tell if we will see any more major sell offs this month. On the other hand, looking at what happened during the short squeeze of GME. Is it possible we could see the same play out here with Bitcoin. HODLERs keep on holding, traders keep on guessing. Best of luck to all!