Looks like what happened in 2018 is happening again this year, if it's the same scenario then we can expect a long bear run for the market. Bitcoin dropping below $30k creates panic, altcoins are dumping as well so what can we expect that bitcoin has already fallen below $30k now?
Will we see the same scenario in 2018 or it will be different this time?
This time will be different because despite being bearish, the on-chain analysis are still bullish. Bitcoin will not go to as low as 20,000$. We can expect 50,000$ before it reaches 20K.