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.
i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time. bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.
I don't think that it'll be down that much. I think we already surpass the worst and now is the time for recovery. We've been always cautious about our surroundings and I guess covid is not having a great affect again unlike when it was firstly introduced. We now know what the minimum health protocols are which could lead to our freedom from this unseen creature.