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Bitcoin Discussion
Re: Is this why Bitcoin is crashing?
by
funchiestz
on
27/09/2019, 17:48:38 UTC
Quote from: cryptomarketyourself on September 27, 2019, 05:43:46 PM
Well, maybe crashing isn't the right word - but it's definitely dropping in price. Here's a cool overview of what's happening:
https://cryptotradernews.com/crypto-trader-pro/what-triggered-the-mighty-bitcoin-fall/
My key takeaways:
September is typically a bad month
[/b]
Baakkt is not doing very well
Its worth noting the cryptocurrency is still up about 127% on a year-to-date basis
Thoughts?
I don't think it is about September. In September, 2017 Bitcoin was rising speedly.
It may related with BAKKT. But I am not sure BAKKT can affect BTC's price this much.