Re: Is this why Bitcoin is crashing?

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
Baakkt is not doing very well
Its worth noting the cryptocurrency is still up about 127% on a year-to-date basis

Thoughts?

I saw that after Bakkt launched in the past 23 of September 2019 many were affected by the sudden collapse of Bitcoin followed by most crypto or altcoins, many were disappointed and many more took advantage of buying potential coins while lowering prices further that's bitcoin. But for me it doesn't matter if you really believe in the coins you hold today.