It's because of the massive sells in the Chinese exchanges like BTC China and ViaBTC. These two exchanges have announced their closure on Sept. 30 and have advised traders to move their assets and/or cash out before the said date. The dip is a good opportunity for us to buy.
anyone knows why they close their exchange?
what is the reason so that their close their exchange?
it is make the market panic and the price is falling down and make the investors sell their bitcoin
There is any issue of the banned BTC by China government and many exchange in China were closed of that reason,, China government will banned the exchange to, that is why many bitcoiner from China sell their bitcoin now