I rarely comment on price, but I will say this about the market. The price collapse you are seeing across all crypto is coming from fear over a regulatory crackdown, whales taking massive profits, thin markets, and inexperienced retail investors. No one can change or stop this.
Many have questioned how Bitcoin works, and stay away from it due to this uncertainty. Meanwhile, not 1 in 100 of them know how central banking works, but use it without question.
It's a tough time, but remember #Bitcoin can only drop so far b/c of people who NEED it
1) Citizens of countries with hyper inflation
2) Businesses with crypto as part of infrastructure
3) People who want their info private
Floor could be far lower but we will always survive
Bitcoin: a digital currency with known & limited supply, an open global network, and not controlled by politicians. US Dollar: a digital currency with unknown & unlimited supply, a highly restricted territory-based network, and controlled by politicians. Which will win, longterm?