If bitcoin is made for times like these why is everyone selling at a time like this?
China quarantined fiat FFS.
This tells me 100% BTC is only a financial purpose and not a practical purpose overall.
Just venting a little. This selloff is nuts.
In crisis situations people behave irrationally, there is the fear of no liquidity, banks closed so people probably try to have as much liquidity as possible to be able to buy essential good for living.