Think about the reasons why such a crash hit us. Objectively, I see a few important points:

• COVID-19
• in the event of death, most people do not have a cryptocurrency heritage, often their relatives do not know how cryptocurrencies work, where they have them, how to access private keys, etc. and so many choose
• people want cash, they have been taught from the past that cash does not need internet, banks, etc ...
• objectively speaking, this "crisis" will not last long, if someone does not want it, there is no danger of the banks and the banking system
• fi we look at the biggest problem caused by Bitmex and trading on the lever, which accelerates the volatility of already volatile commodity such as Bitcoin.

Is this the end of cryptocurrency?

source
Definitely not. Personally, I expect BTC growth of at least 50% practically immediately after stopping the spread of panic from Koronavir or the virus itself.

Investing in the Altcoins now is also tempting, although of course, as with the entire crypt very risky!

What would I do?

• I will buy every day or week, slowly and in the ratio of 1/4 BTC and 3/4 Altcoins
• Don´t do nonsense and especially do not borrow money unless you have several properties and use it only as a means of liquidity
• Don´t trade! Only buy and hold. Don´t use leverage! Try to have an easy strategy. Sell 50 % of your new crypto assets when you have 100 % gains and hold the other 50 % to next Bullrun
• Keep sufficient cash or liquid amount on your accounts

These are not investment advice ;-). Make your own decisions!

What can be next?

One is called a post-Golden Cross dip.
In principle, every time a bitcoin experiences a golden cross, which is when the 50-day moving average (MA) exceeds the 200-day MA, it is very bullish. Bitcoin fall sometimes for more than 28%.
However, the average bitcoin return after this post-cross dip is 30 times higher. That's the average profit every time it happened. And it only happened five times before.

When bull run?

After COVID-19. Many people in the world are in panic mode. And they want to believe in traditional things like cash and gold. But after that, it will be a really big run!

Be ready!