Dear Steemit friends,
currently Bitcoin's fall accelerating to develop a major correction.
It would be interesting what happens in the following days. What could be the reasons for the correction?
- Yobit filed bankruptcy
- the news of Bitcoin future listing CME and CBOE are over
- strong difficuilty increase for Bitcoin miners for second time makes it less profitable
Profitability switched in favor to BCH which moves miners to BCH which takes hashpower from Bitcoin and increases the transaction backlog there, slows transactions and makes them even more expensive than already before.
What do you think, a major correction or just small dip?
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