Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
qwizzie
on 11/01/2021, 14:06:08 UTC
Bitcoin Investors Face Severe Restrictions From HSBC & UK Banks. HSBC and other unnamed UK banks will not agree transfers from cryptocurrency exchanges. Furthermore, HSBC will ot permit Bitcoin (BTC), Ether (ETH), or other altcoin-linked deposit or even deposits associated with a crypto wallet in their customers bank accounts.
Is this the main reason for the dump ?

No, the main reason is that Bitcoin price became overbought.