Is Bitcoin about to crash?





Unfortunately for traders, the Bitcoin price has continued to slump lower during overnight trade. 

At the time of writing the cryptocurrency has just hit US$3,900 according to CoinDesk, which is approximately 22% lower than its record high at the start of September.

Is it going to crash?

While some traders are calling this a correction, others think it could be the start of a crash.

The cryptocurrency has come under significant selling pressure in recent days after being barraged with negative news.

The first blow that Bitcoin received was the banning of initial coin offerings by the Chinese government. This was then followed by…

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