After Bakkt launch, the price is down for slowly and now, the price still down.
What exactly happened with the "Bakkt Launch". I heard news about
the launch,
this launch, and
that launch. But now Bitcoin price sunk down and you hear nothing about Bakkt...
that is a suspicious launch! 
Yes, that's true.
I don't follow any news again about the Bakkt launch, so I don't know much except the launch from twitter.
Besides that, I only know that bitcoin is trying to increase and it proves, and now the price can reach $8000. I think Bakkt can give more chances for bitcoin to rise again.
But we need to be careful with these situations because not all happen in the market can stay for a long time, and the price can go anywhere.