The current Bitcoin price crash is being driven by major sell-offs from large whales as they offload massive early BTC holdings. In addition to this, though, there are also chart formations that suggest that the Bitcoin price crash is only in its beginning stages. This comes after the cryptocurrency closed the month of October in the red for the first time in seven years, setting a precedent for a likely bearish close to the year. Higher Low Trendline Needs To Hold The current Bitcoin price downtrend began after the cryptocurrency hit a new all-time high back in August
source: https://www.newsbtc.com/news/bitcoin/bitcoin-price-crash-to-87000/