Pesona1
|
|
March 12, 2022, 08:01:51 AM |
|
In the midst of the war between Russia and Ukraine, can we see Bitcoin at the top? Or Bitcoin will not be able to rise from its position as long as the war lasts, what do you think?
It is difficult to say if the current war will greatly affect the price of bitcoin in the market, because at the beginning of the war, we saw the price of bitcoin experiencing a significant increase and even breaking through the price of $45000, but the price increase did not last long because along with the war continues to heat up in ukraine actually makes the price of bitcoin continue to experience correction and weaken until now the bitcoin price is between the price range of $ 38000 - $ 40000.
|
|
|
|
█▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . Stake.com | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . PLAY NOW | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
|
|
|
GeorgeJohn
|
|
March 12, 2022, 08:22:47 AM |
|
In the midst of the war between Russia and Ukraine, can we see Bitcoin at the top? Or Bitcoin will not be able to rise from its position as long as the war lasts, what do you think?
The crisis between Russia and Ukraine don't have any effect on the acceleration of cryptocurrencies and especially bitcoin in question, Bitcoin increment is determine by the supportive means of the rate of the market demand and supply, so Russian fight with Ukraine don't have to do with the price increase of bitcoin, but some people is understanding it in such way, before this time the price of Bitcoin has been fluctuating since last year 2021, so Bitcoin price not crossing forty thousand, doesn't mean it's because of the crisis.
|
|
|
|
Oasisman
|
|
March 12, 2022, 11:13:52 AM |
|
Some people expects Bitcoin to at least recover near $50k because of the Bitcoin influx of donations to Ukraine, which might turn Ukraine into a crypto friendly country eventually, but Btc price turns the other direction lol. I personally think the war won't have any direct effect on cryptocurrency as a whole or Bitcoin. The only thing that would affect cryptocurrency is when Russia decides to shutdown all internet access (which I've heard a rumor, but I don't think it will happen) within the country, as it will cripple the miner's mining activities in Russia.
|
|
|
|
Devifajarina
Full Member
Offline
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
|
|
March 12, 2022, 11:37:16 AM |
|
I am not so sure because, as we can see, the bitcoin price has been up and down many times. We also see that sometimes, the price drops deeper and makes people panic but the price can increase back to the high price. But that is just speculation that we do not know if that will be like that or will increase higher after the war. I still believe that the bitcoin price will increase and back to the last ATH, even higher in the future. If you are worried about the volatility of the price, you do not need to trade but only buy low and keep it for the long term.
The current conditions cannot be used as a reference for how the condition of bitcoin in the future, because the bitcoin market is up and down at the price as it is now, but in the long term I believe bitcoin will return to the green path, currently there are many cases that hit the market until a correction occurs, so all coins the impact of the case that happened, but for bitcoin in the long term, I'm sure it will get better
|
|
|
|
dark1234
|
|
March 12, 2022, 12:07:56 PM |
|
at this time the identical bitcoin fell due to the war between russia and ukraine, fundamentally affecting 80% of the current price. and whether bitcoin can rise after the war is over, I think it certainly can ... whether the war is over or is it still happening bitcoin can still grow both the price and the technology that accompanies it because of many factors that can support bitcoin's to grow as a real future solution
|
|
|
|
7788bitcoin
Legendary
Offline
Activity: 2282
Merit: 1023
|
|
March 12, 2022, 03:29:34 PM |
|
In the midst of the war between Russia and Ukraine, can we see Bitcoin at the top? Or Bitcoin will not be able to rise from its position as long as the war lasts, what do you think?
There is no comment on this and that is what i voted because in a situation where the economic situation is struggling the price should increase, but what we saw was when the war broke out, the cryptocurrency market went down drastically before recovering from it after a couple of days and we are still finding it difficult to break the resistance above $44k and hence i am not sure what the market situation would be in the next couple of months.
|
|
|
|
Baofeng
Legendary
Offline
Activity: 2744
Merit: 1676
|
|
March 12, 2022, 03:46:16 PM |
|
at this time the identical bitcoin fell due to the war between russia and ukraine, fundamentally affecting 80% of the current price. and whether bitcoin can rise after the war is over, I think it certainly can ... whether the war is over or is it still happening bitcoin can still grow both the price and the technology that accompanies it because of many factors that can support bitcoin's to grow as a real future solution
The war didn't affect the price of bitcoin, 80%? that numbers is preposterous and it's absurd. It won't grow after the war if there is no demand, and even if there is a demand, I'm not seeing another all time high. Maybe we can get and see highs of $50k'ish or something for this year. It really turns out that the bearish cycle is here so don't put to much into a great uptick in prices in 2022.
|
RAZED | │ | ███████▄▄▄████▄▄▄▄ ████▄███████████████▄ ██▄██████▀▀████▀▀█████▄ ░▄███████████▄█▌████████▄ ▄█████████▄████▌█████████▄ ██████████▀███████▄███████▄ ██████████████▐█▄█▀████████ ▀████████████▌▐█▀██████████ ░▀███████████▌▀████████████ ██▀███████▄▄▄█████▄▄██████ █████████████████████████ █████▀█████████████████▀ ███████████████████████ | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ███████████████████ | RAZED ORIGINALS SLOTS & LIVE CASINO SPORTSBOOK | | | NO KYC | | │ | RAZE THE LIMITS ►PLAY NOW |
|
|
|
bitgolden
Legendary
Offline
Activity: 2954
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
|
|
March 12, 2022, 05:27:00 PM |
|
I am not so sure because, as we can see, the bitcoin price has been up and down many times. We also see that sometimes, the price drops deeper and makes people panic but the price can increase back to the high price. But that is just speculation that we do not know if that will be like that or will increase higher after the war. I still believe that the bitcoin price will increase and back to the last ATH, even higher in the future. If you are worried about the volatility of the price, you do not need to trade but only buy low and keep it for the long term.
The current conditions cannot be used as a reference for how the condition of bitcoin in the future, because the bitcoin market is up and down at the price as it is now, but in the long term I believe bitcoin will return to the green path, currently there are many cases that hit the market until a correction occurs, so all coins the impact of the case that happened, but for bitcoin in the long term, I'm sure it will get better It has always been better in the long term. The difference between the long term and short term is huge. I have been around crypto for many years now, one of the early investors and I can tell you that it is always like this. First it goes up insanely high, like higher than you could even imagine it would go, then it drops half, then we face with that price staying for long time. We are nearly 2x of the previous half and people are worried about the price, it always happened. When it was under 1 dollar and moved to 33, everyone got scared when it went to like 4 bucks, but it was more than 4x of what it used to be. Then we moved from that to 250+ and everyone got scared when it went to 100, then we did to 1.4k and moved to 250+ again and everyone got scared again. The drops, which makes it way more than what it used to be but still lower than ATH, makes people worried.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
uneng
|
|
March 12, 2022, 07:12:15 PM |
|
It's hard to see bitcoin skyrocketing right now, because even though it's being potentially used by the world to donate funds to ukrainians, the money doesn't stay invested in crypto for too long. So at same time we have a raise on demand, there is also an increasement on sales, when exchanging btc to fiat in order to use the donated money to purchase goods in general. It was also said russians could be acquiring bitcoin to protect their money against ruble devaluation, but I don't see on the reality a considerable increasement in btc's price to justify that the demand is rising.
Interesting to note, though, bitcoin keeps pretty stable, despite its low price compared to the last ATH, while fiat currencies are losing value, including the powerful dollar.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Raymond Gary
Newbie
Offline
Activity: 28
Merit: 15
|
|
March 12, 2022, 07:46:38 PM |
|
If you can take a good at the chart, top down analysis. You will realize that we are in accumulation face already and we're going to see a take off either ways, but with the higher probably of the price heading higher if history should repeat itself. So the moment we're breaking above 45k level again with a weekly candle closure, I think for my opinion that the market is going to the freaking moon. reason being since we had the little rebounds in the market, we haven't had a weekly candle closure above that 45k level.
|
|
|
|
redsun114
|
|
March 12, 2022, 09:20:06 PM |
|
Some people expects Bitcoin to at least recover near $50k because of the Bitcoin influx of donations to Ukraine, which might turn Ukraine into a crypto friendly country eventually, but Btc price turns the other direction lol. I personally think the war won't have any direct effect on cryptocurrency as a whole or Bitcoin. The only thing that would affect cryptocurrency is when Russia decides to shutdown all internet access (which I've heard a rumor, but I don't think it will happen) within the country, as it will cripple the miner's mining activities in Russia.
If Putin decides to shut down the internet I think that was still related to war and if you believe that it can affect bitcoin then why won't you believe that the price increase is also caused by the war? the long list of crypto transactions which totals to a huge amount of money is enough proof to be convinced. There are negative news that followed later on and I think that caused fuds, which also lead for someone to panic and sell, that is why we are seeing an immediate decline but we are still in control of the situation because as we can see the price is still holding at 39k usd. I don't think Russia will ban the internet. if they do that, they can just ban the electricity too.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
crzy
|
|
March 12, 2022, 09:26:56 PM |
|
In the midst of the war between Russia and Ukraine, can we see Bitcoin at the top? Or Bitcoin will not be able to rise from its position as long as the war lasts, what do you think?
The effect of war can’t be seen in just a week, this is a long term effect so expect for a more volatile price this year as long as the war is still on-going. Bitcoin can’t rise that much for now, people are still figuring out on which investments are more safe during these time, Russian people already on a move to adopt crypto, so if there’s a mass adoption in Russia, we can expect for the price to go up now that most of the banks there are doing a limited transactions.
|
|
|
|
Johnyz
|
|
March 12, 2022, 09:53:59 PM |
|
In the midst of the war between Russia and Ukraine, can we see Bitcoin at the top? Or Bitcoin will not be able to rise from its position as long as the war lasts, what do you think?
Bitcoin will rise and will prevail, the war makes the adoption more possible especially now that many countries restrict Russia from banking transactions, they are being forced to look for alternatives and cryptocurrency are their best option as of the moment. Bitcoin will make a good run here, though it needs more time for this but eventually, the price will rise again.
|
|
|
|
Coyster
Legendary
Offline
Activity: 2170
Merit: 1302
Crypto Casino and Sportsbook
|
|
March 12, 2022, 10:48:54 PM |
|
In the midst of the war between Russia and Ukraine, can we see Bitcoin at the top? Or Bitcoin will not be able to rise from its position as long as the war lasts, what do you think?
It depends on what you explicitly refer to as the 'top', but going by my observations, the war is yet to have any significant effect on the price of Bitcoin, both negatively and positively, but as for if Bitcoin would rise high after all this is over, i'd say yes, i think with all of this sanctions affecting both parties we are prolly going to expect more inflation/devaluation of Fiat in the weeks and months to come, so more people might just be interested in Bitcoin, we have also seen national plea for donations in Bitcoin, meaning more publicity and thus that might just cause an appreciation in price in the long run.
|
|
|
|
darkangel11
Legendary
Offline
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
|
|
March 12, 2022, 10:53:50 PM |
|
If you can take a good at the chart, top down analysis. You will realize that we are in accumulation face already and we're going to see a take off either ways, but with the higher probably of the price heading higher if history should repeat itself. So the moment we're breaking above 45k level again with a weekly candle closure, I think for my opinion that the market is going to the freaking moon. reason being since we had the little rebounds in the market, we haven't had a weekly candle closure above that 45k level.
I think the same and I've been watching the price for some time. The war has little to do with current price it's more about the US stock market and interest rates being increased all over the world. People are afraid of growing prices and less ready to put their money on the line but it's not going to be like this forever. Eventually either the world economy goes to shit and we all lose bitcoiners or not, or people see that inflation is too much for them and maybe it's time to buy some of this decentralized deflationary thing.
|
|
|
|
Devifajarina
Full Member
Offline
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
|
|
March 13, 2022, 06:20:04 AM |
|
I am not so sure because, as we can see, the bitcoin price has been up and down many times. We also see that sometimes, the price drops deeper and makes people panic but the price can increase back to the high price. But that is just speculation that we do not know if that will be like that or will increase higher after the war. I still believe that the bitcoin price will increase and back to the last ATH, even higher in the future. If you are worried about the volatility of the price, you do not need to trade but only buy low and keep it for the long term.
The current conditions cannot be used as a reference for how the condition of bitcoin in the future, because the bitcoin market is up and down at the price as it is now, but in the long term I believe bitcoin will return to the green path, currently there are many cases that hit the market until a correction occurs, so all coins the impact of the case that happened, but for bitcoin in the long term, I'm sure it will get better It has always been better in the long term. The difference between the long term and short term is huge. I have been around crypto for many years now, one of the early investors and I can tell you that it is always like this. First it goes up insanely high, like higher than you could even imagine it would go, then it drops half, then we face with that price staying for long time. We are nearly 2x of the previous half and people are worried about the price, it always happened. When it was under 1 dollar and moved to 33, everyone got scared when it went to like 4 bucks, but it was more than 4x of what it used to be. Then we moved from that to 250+ and everyone got scared when it went to 100, then we did to 1.4k and moved to 250+ again and everyone got scared again. The drops, which makes it way more than what it used to be but still lower than ATH, makes people worried. that's why I prefer the long term over the short term, but the concept of long term investment must prepare a very good and measurable strategy, for bitcoin I think it's quite worth keeping in the long term, because this coin has a very good achievement target in the long term, if seen from year to year, the development of bitcoin has shown a greater positive value, than the negative value caused. For that for me there is no doubt to keep bitcoin in the long term, because from its inception until now, only bitcoin has been able to put itself at a stable and expensive price.
|
|
|
|
Kemarit
Legendary
Offline
Activity: 3234
Merit: 1385
Fully Regulated Crypto Casino
|
|
March 13, 2022, 08:07:05 AM |
|
In the midst of the war between Russia and Ukraine, can we see Bitcoin at the top? Or Bitcoin will not be able to rise from its position as long as the war lasts, what do you think?
It depends on what you explicitly refer to as the 'top', but going by my observations, the war is yet to have any significant effect on the price of Bitcoin, both negatively and positively, but as for if Bitcoin would rise high after all this is over, i'd say yes, i think with all of this sanctions affecting both parties we are prolly going to expect more inflation/devaluation of Fiat in the weeks and months to come, so more people might just be interested in Bitcoin, we have also seen national plea for donations in Bitcoin, meaning more publicity and thus that might just cause an appreciation in price in the long run. We've seen it already, the war in Europe didn't put a dent in the price, and if we look at the chart, the price seems to remain stable despite of the war still ongoing. So another scenario that proves Bitcoin is immune to world events such as the Covid 19 effect, the trade war between US an China (under Trump) and other financial and geo-political news that we have seen in the last 4-5 years. Bitcoin will be the tool to help people survived in this trying times.
|
|
|
|
Tony116
Legendary
Offline
Activity: 2296
Merit: 1023
DGbet.fun - Crypto Sportsbook
|
|
March 13, 2022, 10:09:16 AM |
|
at this time the identical bitcoin fell due to the war between russia and ukraine, fundamentally affecting 80% of the current price. and whether bitcoin can rise after the war is over, I think it certainly can ... whether the war is over or is it still happening bitcoin can still grow both the price and the technology that accompanies it because of many factors that can support bitcoin's to grow as a real future solution
I do not think so. Bitcoin had a bearish correction towards the end of 2021 and the fight was only recent. We can't blame the market drop on the war. Bitcoin rallied a lot in 2021 and then the drop was evident in the market. No doubt maybe we won't see bitcoin recover this month but bitcoin future will definitely have new ATH.
|
|
|
|
Reatim
Sr. Member
Offline
Activity: 2982
Merit: 379
⭕ BitList.co
|
|
March 13, 2022, 12:49:16 PM |
|
In the midst of the war between Russia and Ukraine, can we see Bitcoin at the top? Or Bitcoin will not be able to rise from its position as long as the war lasts, what do you think?
I Don't think so , that is the vote that i taken for this because i believe that Bitcoin will or will not go on that situation as we really cannot figure what will be the outcome of this war, while US is now in front of regulations and also for the sanction Russia needs to gain, then crypto is also one of the most affected because this has been used for the treatment of the funds of both countries involving this war.
|
|
|
|
Ararbermas
|
|
March 13, 2022, 02:37:44 PM |
|
I believe even the war still continue there's no way bitcoin will not rise again when the bearish is over. because i know it's not because of that conflict why bitcoin is making fluctuation in the market, wherein it's because of the cycle of the market if we will gonna study the market performance. Infact bitcoin can help them to bypass sanction so i don't think that war is a valid reason for bitcoin to continue falling..
|
|
|
|
|