In fact, in one of my posts, I was just telling another steemian about this much needed low. This low is required to weed out the ones who actually treat Cryptoassets like this as lottery / gambling. They don't invest their time and just want to push in money and reap out a jackpot.
I think such lows will push 'em out and in the long run, it will help build a healthy market.
Cheers !!!
RE: Visualisation: All BTC Crashes