why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic.
and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.
Yes, this is only a natural occurrence in cryptocurrency. We can see on the graph in your thread, sometime bitcoin price is falling greatly but will rising back.
I see now the market is very bad, keep holding at the bottom position for few months. Let we just wait and see what will be the crypto price in the market.
Never do any panic and some hasty decision about our holding portfolio.