It's not dump maybe we could call it market correction looking from the last ATH is still on buying position. Presently now is at +23k so I don't think we may see 17k this month again maybe from next month but which I can't say with any assurance concerning the price. It's very hard to detect what may come of next in the entire cryptocurrency market.
Calm down, bitcoin is not doing anything strange or unexpected.
A large part of every bitcoin move is stock traders rushing in by looking at the FED predictions, CPI and all other global factors. They bought some because the FED was looking to slow down their rate hikes and now Biden came to Ukraine and promised help and Putin threatened with their continuation of nuclear tests, so the war is going to continue, nobody is looking to stop. That's bad for the markets because war means inflation. US stocks were falling for the last 2 days and bitcoin is reacting to this.
Yes and even with those threats and the war is still behind us, the market didn't do something worst, we are still around in the $23k'ish. And so I say that there is no effect on that statement whatsoever.
Maybe others sell and panic, but there are more buyers obviously to make it even right now.
So yeah, we just need to calm down and if we have capital, just continue to buy and accumulate, simply as that.