~snip~
Jeez, this is really devastating.
To avoid panic; avoid observing the chart for these days. Panic sellers are everywhere. This is also good for everyone (like me) who want to buy again at a lower price.
Seeing a long red candle like that is terrible, but to trace I do not need to experience panic.
Is not it in 2018 when bitcoin reached ATH then a few months later reached its lowest price of 3100 $ + we still buy it.
Today the price of Bitcoin has reached the MA200 as a long-term decline goal, here I am sure that the MA200 will not break, but there must be a reflection of the price in this MA200.
So keep waiting and see.
MA200 was already broken couple hours ago. Coinbase shows 3867 as the lowest value.