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Institutions may have been selling ahead of todays crypto rout, asJPM noted earlier

but as following chart of bitcoins historical drawdowns clearly shows

they will soon turn from sellers to buyers as bitcoins 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 hibernation todays action was nothing short of shocking as none other thanGoogle confirms, with the worlds largest search engine reporting that searches for Cryptocurrency just hit an all time high.

Some other notable searches:

And in what may potentially be actionable information, Google also reports that most energy efficient cryptocurrencyand environmentally friendly cryptocurrency are breakout searches.

Yet while for most retail investors who may have invested a sizable portion of their savings in the volatile asset class today was a jarring reminder that what goes up will eventually come down, for the ultra rich today was just an opportunity to buy the dip, as the laser-eyed Tom Brady who recently joined the bitcoin fan club, tweeted earlier today.

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Infowars Article