Bitcoin Tumbles Off the Russian Invasion of Ukraine

Bitcoin has plummeted after the Russian invasion on the Ukraine. We were personally hoping that Bitcoin would become another safehaven asset, but with institutional holdings on balance sheets, it is moving with stocks at this point. We sold off drastically from what appeared to be an inverse head and shoulders pattern forming at around 39K, smashing through several major levels in the 30K's. However we are currently finding support at 34.9K and 34.0K. If we tumble further then 32.3K is the next target. If we are able to recover a bit, then 36.7K is the next target.