Re: Is this why Bitcoin is crashing?

Quote from: funchiestz on September 27, 2019, 05:48:38 PM

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

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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.

True its not about September as we search 2017 sept bitcoin price are so bubble.
They think that BAKKT affected bitcoin price but as of i am not sure also because we don't know about what happen next.[/list]