Each Bear Market, the price of Bitcoin and all altcoins fall almost vertically, in the past it was even more, as in the past it dropped 20% in one day and the next it dropped another 20%, then it went up 10% and then fell again.
But one thing that has always happened is that the price will go up again after the market corrections, because Bitcoin is not a get rich scheme, but a project with the aim of freeing people all over the world from the bureaucratic banking system and theft from government through inflation.
Cryptocurrencies have a vision of a decentralized economy, it may not be like that today or tomorrow, but one day it will be possible to use cryptocurrencies anywhere.
The world governments even want to create digital currencies called 'CBDC', but I believe that no one will want to become hostage to a government system that can leave you without a way to buy and sell, because you don't believe in something they say or because of some choice, for example, not getting a vaccine.
The Bear and Bull market always passes, but what always remains is the evolution in the world of cryptocurrencies that are advancing...
Image from Pixabay
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