Institutions may have been selling ahead of today's crypto rout, as JPM noted earlier... {chart} ... but as following chart of bitcoin's historical drawdowns clearly shows... {chart} ... they will soon turn from sellers to buyers as bitcoin's historical trading pattern clearly shows that every single previous dump has been followed by a sizable rebound. And since nothing has changed, and banks continue to debase currency with Weimarian abandon, the bullish thesis for "digital gold" remains the same. Still, to many retail investors - most of whom are new to the crypto space following the "bitcoin winter" ... (full story)