Apparently, for the last 3 years, January was the worst month for Bitcoin because of the Asian lunar new year. here.
I'm not 100% if that's enough data to call it a pattern but it's a reason non the less.
More likely it has to do with the shutdown of the platform Bitconnect.
They have given loans (BTC) back in BCC tokens based on a 15 days average of the closing price registered on coinmarketcap.com.
But considering the value of the token has dropped to $15 in a day while it was worth hundreds before this is clearly not a very good deal.
It does make one wonder what they will do with all the BTC they are sitting on.
I guess that is one of the reasons for panic and drop in BTC price.
And as always. As BTC goes down it drags the rest with it.
The Steemit account powered down 5.4 million STEEM. I did ask around for the reason and I was told not to worry.
So I did not. I trust the team.
3.5 million went to to support different projects on the Blockchain.
now has a total of 10 million STEEM.
That's great!
Here you can see all the delegation.
1.8 million is still liquid in the steemit2 account.

Get it Here: