BAKKT is coming December 12th. We may keep falling down for the rest of November and we may bounce again for Christmas propelled by BAKKT. Remember that BAKKT is backed by the underlying asset (so in this case, they need to buy actual bitcoin).
BAKKT is delayed until January 24, 2019:
That actually explains a lot. I really thought crypto went back to its lunatic state, which it did, but this seems to have been insider trading that started it off. I was intentionally avoiding news so I would have missed that one.
The more people being aware of BAKKT delaying their futures platform, the more people will instantly consider current sell-off to be manipulation, which could help to reduce the panic for a moment.
It might also stimulate people to stop caring about the Bcash drama, because they aren't anything other than a tiny drop of fuel in the currently bloody oversold market, and not the main cause.