Bitcoin plummeted again on September 7 2021.BTC dropped by 54.7% on March 12 last year, by 12.54% on September 3 last year, and by 29.99% on May 19 this year. And 18.65% on September 7.
There were four reasons for the fall on September 7th:
1,The fall in US stocks caused Bitcoin to fall at the same time.
2,Singapore regulation.
3, SEC wants to sue coinbase.
4,It is related to El Salvador
Are you scared？Is there any hope for the future?
There is an influence caused by the fall of US stocks causing bitcoin to fall at this time, the stability of US stocks is enough to determine the price of bitcoin, if you look at the content of the post you made here, plus the regulations made by Singapore, or EL Salvador, the summary can be we conclude, that bitcoin is determined by several reasons, resulting in a decline in price. But I believe bitcoin will be at its maximum price by the end of this year, if you see investors have started talking about it.