$BTC Exactly 5 years ago, today, while the COVID-19 crisis was sending global markets into a panic, Bitcoin experienced one of its largest drops in history.
In just 24 hours, Bitcoin lost an impressive 50% of its value, leading to a massive cascade of liquidations on BitMEX, where millions were wiped out in mere moments. Exchanges struggled, BitMEX nearly imploded, and traders everywhere questioned their sanity. The fear was real.
However, in just two months, Bitcoin shook off the panic and began a historic bull run, eventually breaking all previous ATHs.
If you were there:
- Were you panic selling, unable to believe?
- Staying calm HODLing through the storm?
- Or buying the dip like a crypto legend?
And looking at the market now… do you see any similarities? How are you navigating this moment?