u/EatDoughnut

What’s causing this huge downfall? I was just heading to work and got the notification that BTC fell, but when I actually opened the app, I saw it didn't just fall—it crashed and crashed badly. What exactly are we looking at right now in terms of support levels?

The Iran-US conflict seems like it should be resolving sooner rather than later, and under normal circumstances, I would have expected the markets to react positively and move up with that news. Instead, everything is deep in the red and the volatility is insane.

Is this actually a good time to buy and hold, or is there more pain coming? Do we expect a bounce-back anytime soon, or is the macro environment just too messy right now for a recovery?