#Don't panic, tomorrow is 312
The recent market situation is truly terrifying. Bitcoin has dropped below 80,000, and Ethereum has fallen below 2,000, with wails echoing throughout the market.
On March 12, 2020, according to Binance data, Bitcoin fell from a high of
$7966.17 to a low of $4410. The darkest moment came on March 13, when it hit a low of $3782.13, with a maximum drop of over 50% in two days.
At that time, affected by the pandemic, the global economy was in recession, and the US stock market had already begun to plummet.
Many cryptocurrency investors viewed Bitcoin as a safe-haven asset, and determining whether an asset is a safe haven relies on the consensus of more investors.
It has only been a short 5 years since this 312 incident, and Bitcoin, which was over 3,000 USD, has increased more than twenty times this year.
So every time there is a crash, it is a good opportunity to buy the dip. #btc #eth #whalesholdingcoins #buythedip