Bitcoin Price: Chinese New Year and Wuhan Coronavirus

3,614 Views · Posted 4 years ago

The Bitcoin price have dropped. Is this because of the Chinese New Year which has has historically had a strong influence on cryptocurrency prices? BTC prices have traditionally decreased in the months leading up to the holiday.

Although the near-term prospects for Bitcoin remain foggy, its mid-term outlook might just be more bullish than ever, as BTC is close to reaching the apex of a massive bull flag comprised of two trendlines that have been formed over a multi-year period.

Enjin ENJ The all-in-one Enjin Platform features a UI for creating blockchain assets, along with SDKs & APIs for integrating them with your games—all without writing any blockchain code, using the tools and languages you know best.

Chainlink has convinced another big name in the blockchain industry of its decentralized Oracle technology and has gained ICON (ICX) as a new partner. The project will use Chainlink to integrate off-chain data into ICON’s public blockchain.

Chiliz is offering free $CHZ as well as fan tokens of popular Football clubs like Juventus and Paris Saint-Germain (PSG) for it's second FTO, Fan Token Offering. The FTO is the latest progress made by the sports blockchain firm following its strategic partnership with crypto exchange giant Binance, back in mid-2019. The Cardano Foundation is excited about upcoming research. The company believes it will benefit from its results and is ready to share its details with the community.

References:

Bitcoin Price Drops because of Chinese New Year?
https://boxmining.com/chinese-new-year-bitcoin/
Bitcoin Fireworks imminent
https://www.newsbtc.com/2020/01/24/five-years-of-bitcoin-trendlines-all-lead-to-this-one-point-fireworks-inbound/
Enjin ENJ Update
https://coinmarketcap.com/currencies/enjin-coin/
https://twitter.com/enjin/status/1220376426815401984
ICON implements Oracle technology of Chainlink
https://www.crypto-news-flash.com/next-big-deal-for-chainlink-icon-implements-oracle-technology/
Sports Blockchain Firm Chiliz Offers Free $CHZ Tokens on Socios Platform
https://btcmanager.com/sports-blockchain-firm-chiliz-free-chz-token-socios-platform/?q=/sports-blockchain-firm-chiliz-free-chz-token-socios-platform/&
Cardano is Looking Forward to New Research
https://www.altcoinbuzz.io/crypto-news/finance-and-funding/cardano-is-looking-forward-to-new-research/

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