I actually saw that coming from miles away! and yesterday I said we could see a dump to $50k soon.

Me predicting it is not important though, what's important is my reasoning which I think is solid and will repeat in the future as well. I wrote something about it about 4 months ago with the title Bitcoin and global tensions!. In a way this has turned into both a positive and a negative characteristic of bitcoin.

When Bitcoin reacts to such huge global events, it shows that Bitcoin has stopped being this small market where only a bunch of nerds on the internet trade. It has woven into our society and has gotten so many different people involved that whenever such a significant global event (eg. COVID19, NATO-RU conflict, Iran punishing the NATO backed terrorists) is happening, Bitcoin reacts to it just like other markets (like the US stock market that has been crashing in all those events).

But also it is a negative characteristic because Bitcoin was supposed to be that "safe haven" not something people only buy during peacetime and when everything is fine. It was supposed to be the digital gold and yet gold seems to be more resilient to such negative events.

Of course I should add that economy and the markets are too complex to be analyzed like this and be affected with only one reason (such as conflict in this case), even though I say these tensions are the main reason for it. There are lots of reasons that have significant impact on markets including Bitcoin's. The next major thing is the recession. In case you missed it, US was incapable of cutting interest rates and is deepening the recession which means only one thing: more sell pressure on different markets including bitcoin...