Experts say Bitcoin crash is common in bull markets...panic selling is the worst investment strategy

As the cryptocurrency market, including Bitcoin, has plummeted, experts have said Bitcoin's recent drop is a normal part of a bull market.
Bitcoin, which surpassed its all-time high of $109,000 (approximately 16.4 million yen) in January this year, was trading at 3:15 p.m. on the 28th (Sunday).
At this time, it is trading at $79,573 (approximately 12 million yen) on CoinMarketCap. This is the first time Bitcoin has fallen below $80,000 (approximately 12 million yen) since November last year.
The recent drop in Bitcoin is seen as a reaction to President Donald Trump's renewed emphasis on raising tariffs on China, Mexico, and Canada.
President Donald Trump announced on the social media platform "Truth Social" that "tariffs on Mexican and Canadian products will go into effect as scheduled on March 4th.
The Kobeissi Letter, a financial market analysis media, reported on the market's reaction to this tariff policy.
The “Letter” analyzed that “Bitcoin is showing an increasingly close correlation with stock market and liquidity conditions.”
Experts also note that such declines in Bitcoin prices are common during bull markets.
Joo Ki-young, CEO of on-chain data analysis platform CryptoQuant, said through X, "If you are panic selling now,
"I'm a beginner," he said, "30% corrections are common in Bitcoin bull markets." He continued, "Buying when the price goes up and selling when it goes down is the worst investment strategy.
"You have to have a clear plan and invest," said Julien Bittel, a global macro investor.
Bittel also commented that "Bitcoin's recent correction after the sharp rise following the presidential election is common in bull markets."
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