【Five years ago today, BTC's '312 big bloodbath' flashback!】

On March 12, 2020, the entire cryptocurrency community suffered from insomnia! BTC plummeted 40% in one day, down to $3782 (heartbreak price 💔), causing the market value to shrink by tens of billions of dollars and leading to widespread liquidation and self-doubt!
Why the crash?
1. The global epidemic has triggered panic! Global stock markets are plummeting, and even the cryptocurrency circle is resorting to cash for survival;
2. Leveraged players suffered a series of explosions, falling to the point where even their mothers wouldn't recognize them;
Miners shut down and run away, selling coins to pay for electricity...
What happened later?
1. Retail investors cut meat, and institutions secretly copied the bottom (now look at the money!) ）；
2. Regulatory craziness makes exchanges dare not act recklessly;
3. The old leek realized: don't go all in! Dollar-cost averaging + lying flat is the way to go~
Who would have thought it would surge to $69,000 in 2 years?! The harder it falls, the crazier the rebound...
Interactive: Did you catch the bottom at that time? 🙋
What were you doing 5 years ago?