hi there @josevas217

Glad to be able to learn your view on current market situation.

In my opinion there were few reasons why current market crashed:

a) high inflation readings caused some selling pressure since investors had to adjust their expectations towards FEDs future actions
(this is already priced-in)

b) uncertainty related to war between iran vs israel
(any action of escalation will turn markets red and cause another crash)

c) speculations and market manipulation
It is hard to disagree that lately we experienced few 'manufactured crashes'. Rapid sale of BTC which would aim only to trigger liquidations of those who overleveraged themselfs.

In my opinion we are pretty much DONE HERE. Market experienced few mass liquidations lately and leverage traders were wiped out quite clean. Now I would expect another "good times" to come soon. To bring more "fresh blood" which later will serve as a "lunch and dinner" for market makers and those who manipulate it on such a massive scale.

Even if we would experience another flash crash and BTC would go below 55k then those are short-term events. Events aiming to shake out BTC from newbies who play with leverage. With each such a shake-out there is less of those newbies left. So cycle will start again.

I'm myself mosly worried about impact of conflict between Isreal and Iran. Hope this will not escalate. After all, there is so many powerful people who want that war ....
That would bring huge level of uncertainty which would last for many moths ....

Cheers, Piotr