Don't Panic! Zoom out and the BTC log chart looks great!
This is an all-time log chart for Bitcoin, showing the percentage it has changed over time. Of course in trading and investment, percentage change is the only metric that matters: You invest an amount into an asset, and hope for a certain percentage return. The actual asset price doesn't matter a hoot.
As you can see, the recent "massive" dump actually looks rather insignificant as a percentage, when compared to BTC's history. Just a bit of a blip. And the long-term outlook still appears to be nice and bullish.
You can also see the trend curve shows that Bitcoin is getting less volatile over time (mainly due to increase in market cap), which is a good thing for the whole crypto market.
As you can see, the recent "massive" dump actually looks rather insignificant as a percentage, when compared to BTC's history. Just a bit of a blip. And the long-term outlook still appears to be nice and bullish.
You can also see the trend curve shows that Bitcoin is getting less volatile over time (mainly due to increase in market cap), which is a good thing for the whole crypto market.