At the time of this writing, BTC is down again to 19k. Oooh the twitterverse is rife with fear mongering and doomsday predictions! Sheesh. People need to get a grip.

Such over reactions are one major cause of market’s going down. I can’t say I can blame the level-headed investors out there when they decide to sell during a major sell down. After all, nobody wants to be holding the empty bag when the shit hits the fan. If we won’t sell out of panic, then somebody else will. Over 7.9 Billion people in the world. All it takes is just a couple to start a stampede.

Reason sadly, is thrown out the window when these things happen. Unfortunately, there are some precedents to this happening again. Luna in May anyone?

But I’m here to set something straight. I guess, it needs to be said and I guess, the industry needs it.

Here’s a small infographic to remind you where this came from and maybe to assuage your fears.

I’ve seen this a lot of times over the past months, but yeah, it does capture the cycles of BTC over the years.

Such a lovely pattern isn’t it?