Opinion. You literally have no idea how good of a news it is if BTC is at 70K under a threat of the world oil supply choking. 1. We have survived the worst and have priced in for the worst. This is most important. 2. Bitcoin did dump a lot but has been resilient and we literally are seeing whales and some individuals buying large quantities (Most doing it via shell companies). 3. This literally means there's ample belief in long term survival. I don't think it can get worse (With a 3 year horizon) and it's a good price to accumulate for all patient money.