Im eating a late lunch, sipping champagne & even I will admit this is fucking terrible. I wont be able to retire for at least another two or three years at this rate.
Let me stress to all those panicking though - You havent lost anything if you dont sell - 1 bitcoin is still 1 bitcoin. HODL & you will be greatly rewarded after the next halving.
btc is a failure and useless as a payment system
governments are cracking down on btc trading
ppl buy it as an investment and right now it looks like a shitty investment to make
1 bitcoin is only worth what ppl think its worth