Bitcoin tends to recover very fast if you look at the charts the last 2 years and especially this year. So I am not worried if you are a HODLer with long term perspective. If you are looking to swing trade the market however, this could be a golden opportunity.
I think that if we are in for a correction again around this time, something tells me it can be in the 40-50% range due to what I mentioned above.
Fast recoveries in the past two years were on the back of Tether, a meaningless indicator going forward.
We are already beyond the 40-50% you speak of!
Something feels bad about this crash.