{"id":86793,"date":"2025-10-17T15:21:43","date_gmt":"2025-10-17T14:21:43","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=86793"},"modified":"2025-10-17T15:21:43","modified_gmt":"2025-10-17T14:21:43","slug":"bitcoin-is-falling-again","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2025\/10\/17\/bitcoin-is-falling-again\/","title":{"rendered":"Bitcoin is falling again"},"content":{"rendered":"<p>I have a sense that Bitcoin is the canary in the coal mine of the crash to come.<\/p>\n<p>This is the chart of the Bitcoin price\/exchange rate (if you can call it that) at around 3 pm today, showing the movement for the last month, using data from Google:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-86794\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.13.53-550x347.png\" alt=\"\" width=\"550\" height=\"347\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.13.53-550x347.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.13.53-475x300.png 475w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.13.53-768x485.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.13.53-1536x969.png 1536w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.13.53-600x379.png 600w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.13.53.png 1686w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p>For a couple of Fridays in a row now, the value has fallen.<\/p>\n<p>Now, I admit that it still has a long way to fall, given its rise over the last year:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-86795\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.17.11-550x345.png\" alt=\"\" width=\"550\" height=\"345\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.17.11-550x345.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.17.11-478x300.png 478w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.17.11-768x482.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.17.11-1536x964.png 1536w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.17.11-600x377.png 600w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-17-at-15.17.11.png 1670w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p>However, given all the warnings now being sounded by just about everyone who has now joined my previous solo act of predicting the forthcoming crash, this all feels ominous.<\/p>\n<p>Watch this over the weekend. The significant fall was on Saturday last weekend. It could happen again. And what is clear is that the cracks are beginning to show.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have a sense that Bitcoin is the canary in the coal mine of the crash to come. This is the chart of the Bitcoin<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2025\/10\/17\/bitcoin-is-falling-again\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[204,35],"tags":[],"class_list":["post-86793","post","type-post","status-publish","format-standard","hentry","category-economic-justice","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/86793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=86793"}],"version-history":[{"count":1,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/86793\/revisions"}],"predecessor-version":[{"id":86796,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/86793\/revisions\/86796"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=86793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=86793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=86793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}