Also take a look at the September crash.



China shut down a few exchanges and the bitcoin markets flash crashed. The price was close to breaking $5k before going down to $3-4k and it was sticking there for a while. We're already at $10k+ right now, even though it's technically bearish atm.

It's important to not panic in these situations. The worst case situation is that bitcoin will not make another ATH (which I highly doubt, by the way), but will still make a move upwards before anything catastrophic happens. Selling now is an idiotic move.

You're right. Be patient, nothing happens overnight. This recovery is no different.