摘要： According to a Bitcoin analyst, PlanB, creator of one of the most accurate Bitcoin price models, on April 7, 2020, claimed that Bitcoin Futures do not affect the price of Bitcoin in the spot market. In his tweet, he said that Bitcoin prices stayed within the S2F bands even when Bitcoin was at its all-time-high (ATH) in December 2017 which many people claim was suppressed by the introduction of Bitcoin Futures in Chicago Mercantile Exchange (CME) in 2017.
摘要： Bitcoin's price has plunged below $11,000 for the first time in over a month, breaking two support levels in less than a week. The world’s largest cryptocurrency is now trading at the $10,200 levels, slightly recovering from its low of $10,024, according to Binance. However, Bitcoin’s price at $10,000 can hardly be seen as a support level. Let’s take a look at a few major factors that led to the Bitcoin price plunge and crypto market crash.