Bitcoin price: US-Iran conflict is the answer

[Barbarian]

in my opinion the rise of the bitcon at the beginning of this year was indeed affected by the conflict between Iran and America. but now the conflict between the two countries has subsided. but bitcoin continues to increase. so I think the increase in bitcoin right now is a result of bitcoin being reduced by half in May. if we look at the previous halvingd day bitcoin chart. bitcoin tends to increase before bitcoin is reduced by half.

I hold the same opinion, the growth of bitcoin is happening because of its own and unique circumstances but at the same time there seemed to be an effect on bitcoin as soon as the news about a new possible conflict came and this is interesting because this means that some people decided to use bitcoin as a store of value, even if they were not a lot of people this is good since it means that bitcoin is slowly gaining influence despite the efforts of the governments that this does not take place.

[rijaljun]

I hold the same opinion, the growth of bitcoin is happening because of its own and unique circumstances but at the same time there seemed to be an effect on bitcoin as soon as the news about a new possible conflict came and this is interesting because this means that some people decided to use bitcoin as a store of value, even if they were not a lot of people this is good since it means that bitcoin is slowly gaining influence despite the efforts of the governments that this does not take place.

The conflict between Iran-USA is no longer sweet for Bitcoin price speculation, we can say enough for that and I agree with you that the current movement is because of Bitcoin's fundamental side which isn't affected by other things outside its economic model.

[arwin100]

I hold the same opinion, the growth of bitcoin is happening because of its own and unique circumstances but at the same time there seemed to be an effect on bitcoin as soon as the news about a new possible conflict came and this is interesting because this means that some people decided to use bitcoin as a store of value, even if they were not a lot of people this is good since it means that bitcoin is slowly gaining influence despite the efforts of the governments that this does not take place.

The conflict between Iran-USA is no longer sweet for Bitcoin price speculation, we can say enough for that and I agree with you that the current movement is because of Bitcoin's fundamental side which isn't affected by other things outside its economic model.

When the article about the price of bitcoins in Iran release many people got crazy to see things that we are in good shape since provably the war could create a demand and all of the sudden it was subside since the said new confirmed as fake that's why we see the price cool down but for now I don't really think it's good to talk about this since I agree with you that there's no sweetness we can get for speculating that anymore and maybe we should forget that and move our guess in the next halving.