Not just bitcoin and onion are down... are you serious? Look at every single coin theyre all down. Pick some onions up before it skyrockets back up which it will and lastly this dip has nothing to do with Chinese New Year. You think everyone person in crypto synchronized their sells because of Chinese New Year? Cmon guys.
Why not? If chinese buyers lack then there are fewer investors and prices go down.
For me it's believable reason.