TechFlow reported on January 24 that according to Matrixport's latest weekly report, Bitcoin has delivered positive returns in 11 out of the past 12 Lunar New Year periods in China, achieving an 83% statistical hit rate.
The report noted that the start of the Chinese Lunar New Year on January 29 will open a statistically favorable 20-day trading window for Bitcoin. During the Lunar New Year holidays in the past two years, Bitcoin prices rose by 26% and 23% respectively.




