Is the Chinese New Year Influencing the Cryptocurrency Market?

Coincidence or not, every Chinese New Year, the price of crypto, and especially Bitcoin, has gone on a downward trend. This trend is known as the “Chinese New Year Dump”, and some have issued theories about this being a multi-year Bitcoin crash pattern.

Regardless of your predictions and personal theories, the proof is in the pudding. So let’s dig it out.

Read the full article on our official blog here: https://blog.quickswap.exchange/posts/chinese-new-year-influencing-cryptocurrency

Make sure to join QuickSwap on all social media channels to stay up-to-date and in-the-know on all things QuickSwap — the Polygon ecosystem’s leading DEX.

Twitter | Telegram | Announcements | Medium | Discord | Reddit | TikTok | Instagram

--

--

QuickSwap Official

Next-gen Layer 2 DEX powered by Polygon (formerly known as Matic). Trade at lightning-fast speeds with near-zero gas fees at https://quickswap.exchange