How is the situation with Iran affecting the price

[Images21]

Can we just move on now and forget about Iran? Shelf it because it is already a thing of the past. There is no more possible war brewing with Iran and the US. Time to move on to better topics. I am seeing a Bitcoin trying to make the four digit price a thing of the past. It is more exciting that the possible war.

[alexsandria]

So what about the sudden price increase lately, what could have contributed to it? Could this be because of Rouhani recent threat to US and UK? I believe things are tensioning out lately yet price is increasing.
I personally still don't think the previous price increase was as a result of the imposed war. It could be normal market activities or some investors are using this means to signal more buy.

I don't really believe that the price increase was just normal but a reaction to the tension between the United States of America and Iranian government. This is so because, there was rumours of price increase in Iran local crypto currency exchange  and that led to higer demand of Bitcoin followed by other altcoins.

I agree though we don't know real circumstances behind. But the most obvious part is that the major exchange happens may be triggers other people to join the possible hype not knowing that it is just one of the many factors. However we couldn't blame them, could we? Still they drives the market at some spot though.

[gweedo]

Until now, I am sure that this market is not affected by the war between the US and Iran. More than a week has passed and there is no news about this war, but the price of bitcoin is still rising, so this market increases due to the demand of investors when the halving is coming and they buy bitcoin and wait price increases in the future to get profits

[Bagaji]

So what about the sudden price increase lately, what could have contributed to it? Could this be because of Rouhani recent threat to US and UK? I believe things are tensioning out lately yet price is increasing.
I personally still don't think the previous price increase was as a result of the imposed war. It could be normal market activities or some investors are using this means to signal more buy.

I don't really believe that the price increase was just normal but a reaction to the tension between the United States of America and Iranian government. This is so because, there was rumours of price increase in Iran local crypto currency exchange  and that led to higer demand of Bitcoin followed by other altcoins.

I agree though we don't know real circumstances behind. But the most obvious part is that the major exchange happens may be triggers other people to join the possible hype not knowing that it is just one of the many factors. However we couldn't blame them, could we? Still they drives the market at some spot though.

Such a thing do happen most expecially when the market trigger upward that is when people will start buying Bitcoin and other altcoins and to me it is a bag strategy of trading because you will end up pumping the market for those who must have bought when the price was at the bottom.
We can blaim them anyway such people must exist in the market for other people to make profit from there trading.