You can see how rising inflation rates benefits more the wealthy and politicians than ordinary people. If world governments would've wanted the war to end quickly, they would've done something already. It's not about supplying weapons and economic aid to Ukraine, but rather joining the war against Russia itself. While Ukraine seems to be winning, the war is still far reaching an end anytime soon. I don't think inflation will ease until the war is over. BTC's price is being severely affected because of central banks' rising interest rates.
At least, they won't be doing this forever. As you've said, Bitcoin is still worth a lot more than its low of $4k back in 2020. With Fiat currencies becoming stronger, it makes sense Bitcoin would have a lower price than usual. Just wait until this is all over, and Bitcoin will be back on track towards $100k and above. Who knows what the future holds for the cryptocurrency? Just my opinion
in refards to the ukraine war..
since 2014.. nato wanted ukraine in the euro/nato brotherhod but didnt want the eastern par.. due to russia.
so whe russia wanted the eastern part. those to entities had similar wants..
nato/euro isnt siding with russia. but do see the banefits of russia taking the eastern side as a independant state thats not ukraine nor russia but named as a buffer state to separate ukraine/euro away from proper russia
as for inflation..
when somone who earns $1m a year gets a 10% pat rise that is $100k
when someone on $20k gets only a £2k rise
food and heating rises by $2k a year atleast. meaning the min wage dont get any more income:costs benefit. yet the rich dont eat more food or warm more people in their house so the rich gain a $98l payrise
thus yes the rich love inflation. their income climbs by ALOT more than their daily life costs of the basics.
..
as for bitcoin
forget the ATH vs low where the low is the scary thing.
pretend the ATH never happen and look at a ground level of lows as a value indicator. bitcoin lows have been raising all the time periodically
EG _ _
/ \/ \_
/! __/\/ 2022 low
__/ !____/ 2020 low
/| ________/ 2018 low
_/ |_/ 2016 low
___/ 2014 low
2012 low
take each low of each 2 year
12.14.16.18.20.22
google the price of bread or a tin of beans or an every day product someone needs to buy regular for those years. and you will notice you can buy more with bitcoin every time