So the lesson here is things might turn different from what they seem to be, but if you can afford to hold you hodl, if you can afford to buy more you do that because after miners find a way to remove China off the hook I see bitcoin flying high again,trust the process guys.
I agree with you we have been here a hundred times before, this is a roller coaster ride and if you know where you are heading you are going to be on a good ride, Bitcoin is down there is much speculation just buy the rumors and expect great things to happen, people who do made huge profit and they have proven that it process that you need to understand.
Altcoins are deeply affected in this bear market now, bitcoin hasn't fallen below $30k yet but eventually, it will. As the market keeps dumping, its overall marketcap will also drop, looking at the current marketcap now, it's not impossible that it will again dump below $1 trillion as we are already at $1.2 trillion now. This is inevitable already, it's bound to happen as correction always takes place.