Bitcoin: This Will Be The Worst 'Crypto Winter'

Bitcoin valuations are crashing hard and many analysts seem to be making the case that China’s crackdown on cryptocurrency is the central reason behind the collapse.However, the Chinese government has made many similar comments in the past and it seems unlikely that this “new information” is what’s inspiring investors to close BTC-USD long positions.Instead, fundamental questions of legitimacy are now being re-considered by the market-at-large and all of this suggests that we might now be entering the worst “crypto winter” on record.