So bitcoin is down $3,000 today and it seems to be getting worse. Do you think this will be like 2018 again when it went to $18,000 then tanked and went to as low as $5,000 in the next year or so? What would you do in a situation like this now or in the future?
We cannot compare such historical data when there was a big event that completely changed the psychology of the crowd in the Crypto market. Although the year-end days of the crypto market often have a strong sell-off, I don't think this year was.Bitcoin Halving has taken place and scarcity is getting closer. Besides, fiat money is also in a period of high inflation, so holding Bitcoin is now considered the smartest strategy.
There are so many reasons for Bitcoin to grow, at most Bitcoin only corrects strongly about 4000 - 5000 price units before it breaks the ATH peak in 2021.
