Odaily Planet Daily News: Bernstein analysts believe that the current decline in Bitcoin is more resilient than the declines during previous crises. Analysts cited historical data to point out that in previous crisis periods (such as market panic caused by the new crown epidemic, interest rate shocks, etc.), this most important cryptocurrency has experienced a 50% to 70% decline. "The current price trend (down 26%) shows that more resilient capital demand for Bitcoin. Analysts believe that Bitcoin prices, as a leading indicator of risk propensity, will not weaken its long-term excellent performance as a means of storing value in the digital field. From a time scale perspective, Bitcoin is probabilistic "gold", "and it is traded in a more volatile and liquid form of gold." (The Block)