Historically, every January, BTC has had:
. high peak (+5 to 10%) :uptrend: between 3 and 7th
. massive drop (-15 to 50%) :downtrend: between 10 and 16th
No skips, every :alarm_clock: January happens the same cycle.
Why this happens? Because Chinese New Year, which is like Xmas seasonal sell off, but much bigger
a) daytrading :buy: now, sell by 9th
b) longs :sell: now, buy by 12th