I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.
For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.
Its actually seems to happen like 2020 anything on this year but the time and situation are totally different . We have seen at the beginning of covid-90 when the whole world were surviving but crypto was promising and were started to building . Now we are really on better situationsome of the traders who are really always being panicked just are going to dump the valuable asset. A wise person always being professional and become patient with his asset. It may some trade closed with the stop loss hope we can recover soon and we did actually . Thinking about the future nothing can pull me back mate.