Apparently you not seen RSs. It comes from panic selling, often pushed by shorting. It’s mostly the negative emotion playing out what folks think will happen...a self fulfilling prophecy helped by MM shorting. Watch and see. I feel the effect will be less than others predicting 90% drop. My prediction is 50% haircut before it begins a few dead cat bounces, then slowly works its way back. It may or may not fully recover.
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