Traditional markets are starting to drop heavily, right now there are a lot of warnings about Chinese companies listed on the US markets now. In my experience with these traditional markets, when one falls the rest tend to follow suit.
Recently a world leader (Biden) stated that the price rises due to inflation are only temporary and that it's nothing to worry about and easily solved by the people spending more, forgive me but the price rises have already occurred, cause it's not as though many people now will have buying power with the dollar to combat the issue. (not the most intelligent of statements but it does sound desperate on his behalf)
I expect inflation rates in the US to reach 6 to 9% by the end of the year
In the past, people used commodities (Gold/Silver/Platinum/Palladium) as a safe havens when everything looked bleak but now Bitcoin has upstaged these ancient ways of wealth protection, but with recent skepticism from certain billionaires sprouting on social media that it's carbon footprint is something to be scoffed at. (Not that it really is substantiated) but it started a price drop from 65000 USD for one Bitcoin.
Bitcoin is starting to become obsolete (mind you it does deserve credit for starting the revolution and an alternative to gold) Now some people recognize that it is painfully slow, 20 minute block confirmations isn't a good wait time in a shop when trying to purchase goods, not to mention transaction costs for bitcoin.
Do your self a favor and find yourself a proof of stake coin that requires next to no carbon footprint to serve the purpose of maintaining a network and one with a limited max supply like DeepOnion (25 million at the very most)
Solid team: 4 years running and rated 59th on coinmiso.com for the past 3 months for their code contributions on github
Solid Privacy/security: no critical exploits/vulnerabilities found in 4 years, multiple layers of privacy like TOR Deepsend seg wit stealth addresses, Listed on NON KYC exchange tradeogre https://tradeogre.com/exchange/BTC-ONION
Solid community: It's very own forum (forget Bitcointalk) https://deeponion.org/community
Remember everyone, your wealth is diminishing in the form of "fiat government issue cash" siting in banks that have laws to protect themselves and not you with YOUR deposits, in Australia they call it the bail in laws that were introduced and passed in parliament on 14th Feb 2018
One day you may not be able to withdraw your funds or your wealth from these legalized ponzi schemers. Some countries are already experiencing this, like Zimbabwe.