Post
Topic
Board Bitcoin Discussion
Re: Is this why Bitcoin is crashing?
by
cryptomarketyourself
on 28/09/2019, 05:39:13 UTC
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
  • Baakkt is not doing very well
  • It’s worth noting the cryptocurrency is still up about 127% on a year-to-date basis


Thoughts?
I'm not going to subscribe just to read the article, that's crazy. I'm sure the Bakkt news could be a big part of the reason for the sell off, of course in this sector who really knows. I knew it will fall a bit though do to the slow decline, I guess it will be the "Bad News Bear" for a while until something big happens to drive the price in the opposite direction upward.

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