It was a rough experience back in the days when bitcoin fell also the same way as this as that was my first experience to market crash like it was around 4k.
BitCoin grew up in an economic bubble when everything went straight up... BitCoins reaction to its first ECONOMIC CRISIS should worry everyone. Cult like " believers " are not investors, and they will deserve exactly what they get.
BitCoins recent price drops should WORRY everyone, and of course losing your investment will affect your mental health. The " believers " will be the hardest hit when they have lost everything and living in a delusional fantasy is no longer possible
Hard Facts
It's interesting to talk about bitcoin price movements in the current period which can be considered a crisis due to the corona outbreak, maybe this could be one of the years when bitcoin will have an important role throughout the world to become one of the safe heaven alternatives besides gold.
It is not impossible if the price of bitcoin will immediately skyrocket when this corona outbreak ends