Hey DEFI TIMES community! It’s finally happening. After a parabolic bull run, where Bitcoin almost hit its all-time high, we had a deep dump to $16,000. If you’ve been around in 2016, you experienced a similar pattern before. After Bitcoin reached a new all-time high of $1130 in January 2017, many people panicked and exited. If you want to prepare for the future, it is always good to study the past. I believe we are currently witnessing similar market conditions we saw in early 2017, except that this time is different. More money is entering the space, Bitcoin is established among the global elite, and there are better instruments for institutions to enter the market.