what does war with iran do for bitcoins?

[fuguebtc]

I think Bitcoin is affected by the economic situation, not political events.  The war between Iran and Israel has no direct effect on Bitcoin but there is an underlying domino effect that can somehow influence Bitcoin. 

Geopolitical situations directly impact and affect the health of the economy while bitcoin depends on the economy so it will definitely be affected.

Like when the war escalate and people look for a store of value that can protect their funds, they may look at Bitcoin as a safe haven that will preserve their wealth value. 

In this scenario, there might be more demand for Bitcoin that can trigger hype or if the effect is extreme can turn to FOMO. If this happen Bitcoin will possibly rally to its new high.

If people are looking for a safe haven, a place to store value and choose bitcoin as the solution. Why does bitcoin price fall when war breaks out and continue to fall further as conflict escalates? Obviously, the world only sees bitcoin as a speculative asset, they never saw it as a safe haven in times of economic turmoil.
Speculative assets are often at a disadvantage during times of war and economic uncertainty, which is why immediately after news of the US attacking Iran, bitcoin and stocks continued to fall while gold and oil tend to move in the opposite direction.

[JeffBrad12]

The war might not influence bitcoin or crypto in general in an ideal scenario but there's always the bad apples, the people who always panic at every bad news so the price drop is definitely expected.
Now there's also short position coming from future traders with high leverage which further push the price down, they're just banking on world events.

[melinoe]

The war might not influence bitcoin or crypto in general in an ideal scenario but there's always the bad apples, the people who always panic at every bad news so the price drop is definitely expected.
Now there's also short position coming from future traders with high leverage which further push the price down, they're just banking on world events.

Investors hate instability.

They react to it accordingly, and the broader market goes down quite a bit, before getting back to normal.

And we may see more of such behavior in the near future on crypto charts too.

[BitGoba]

I cant keep up with the news the last bomb shell was trumps terrifs and btc went to 75k, . Are US investors saying this could be bad for the american stock market so last buy crypto: so it will be good? Or will the traders say btc and when I say btc I mean all coins, that when the nyse is too linked to bitcoin and even though bitcoin is country less but seems US drives the price. You can see when this administration is insider trading. Always a day late so we pick up the tab when they pump and dump.

1 Bitcoin is worth more than 4 billion Iranian rials Inflation in Iran is rising rapidly.In a war zone, real estate and land become worthless. Stocks drop to zero because companies collapse due to the war. Gold is too heavy and dangerous to store or transport try escaping with a few gold bars and you’ll be stopped at checkpoints and have your gold confiscated. The only thing that can truly help you is Bitcoin.

[betswift]

1 Bitcoin is worth more than 4 billion Iranian rials Inflation in Iran is rising rapidly.In a war zone, real estate and land become worthless. Stocks drop to zero because companies collapse due to the war. Gold is too heavy and dangerous to store or transport try escaping with a few gold bars and you’ll be stopped at checkpoints and have your gold confiscated. The only thing that can truly help you is Bitcoin.

Yeah, when you are in a zone, it doesn't really matter to you who wins or what happens to BTC, in fact: you just want for it to be over.

And truly: the market will be okay and go forward, whereas people.. they won't.

[fruktik]

Investors hate instability.

They react to it accordingly, and the broader market goes down quite a bit, before getting back to normal.

And we may see more of such behavior in the near future on crypto charts too.

I don't think the situation in Iran plays a role here in any way. I assume it's due to the usual speculation and fears of traders. Usually, when historical peaks are reached, panic sets in, which forces players to sell all or part of their positions in order to make at least some profit.

If we were talking about oil, then this would be a completely different matter, but we are talking about Bitcoin. A digital asset that is in no way closely connected to this country.

[Danica22]

I don't think the situation in Iran plays a role here in any way. I assume it's due to the usual speculation and fears of traders. Usually, when historical peaks are reached, panic sets in, which forces players to sell all or part of their positions in order to make at least some profit.

If we were talking about oil, then this would be a completely different matter, but we are talking about Bitcoin. A digital asset that is in no way closely connected to this country.

Our world is a tightly interconnected chain and everything is related to each other in one way or another, directly or indirectly. Iran, oil, stocks or bitcoin...they are not directly related to each other but they are all part of the common world economy. All are influenced and governed by the world economic situation.

Iran is not closely related to bitcoin but they are a country that can significantly impact world oil prices as they are the 7th largest oil producing country. That means the world economy will also be affected if the oil supply is disrupted and as I said, Bitcoin is also part of the economy, it cannot avoid the impacts.

[SATWAT]

Investors hate instability.

They react to it accordingly, and the broader market goes down quite a bit, before getting back to normal.

And we may see more of such behavior in the near future on crypto charts too.

I don't think the situation in Iran plays a role here in any way. I assume it's due to the usual speculation and fears of traders. Usually, when historical peaks are reached, panic sets in, which forces players to sell all or part of their positions in order to make at least some profit.

If we were talking about oil, then this would be a completely different matter, but we are talking about Bitcoin. A digital asset that is in no way closely connected to this country.

Here I agreed with this point because Iran is having no impact on bitcoin with this war is also having nothing to do but fear and speculations always works and hit hard to market as watch recently drop, but things are coming back to normal with instability is still working.
Oil is surely big aspect due to this war, but bitcoin will be stayed as its working and peoples looking for their chances to check this dip and enjoy for their long term investment because things are going to be normal soon.
After last night drop now its back to $102K which is good hopefully things could be stayed normal and rate will be also stay stable around these figures without any resistance because digitally give good advantage to bitcoin no transportation and no need of physically storage.

[fikrett]

Investors hate instability.

They react to it accordingly, and the broader market goes down quite a bit, before getting back to normal.

And we may see more of such behavior in the near future on crypto charts too.

I don't think the situation in Iran plays a role here in any way. I assume it's due to the usual speculation and fears of traders. Usually, when historical peaks are reached, panic sets in, which forces players to sell all or part of their positions in order to make at least some profit.

If we were talking about oil, then this would be a completely different matter, but we are talking about Bitcoin. A digital asset that is in no way closely connected to this country.

Don't you think that fear from broader markets eventually hits the crypto market too?

[Trout Mask]

It will test the greed/fear index, but I doubt BTC is going to drop substantially.

Don't look at the day to day, look at YTD; despite all of this news, BTC is still up +68% from this day last year.

[madnessteat]

~snip~

Here I agreed with this point because Iran is having no impact on bitcoin with this war is also having nothing to do but fear and speculations always works and hit hard to market as watch recently drop, but things are coming back to normal with instability is still working.
Oil is surely big aspect due to this war, but bitcoin will be stayed as its working and peoples looking for their chances to check this dip and enjoy for their long term investment because things are going to be normal soon.
After last night drop now its back to $102K which is good hopefully things could be stayed normal and rate will be also stay stable around these figures without any resistance because digitally give good advantage to bitcoin no transportation and no need of physically storage.

No matter how strongly investors believe in Bitcoin, cryptocurrencies are high-risk assets, so in times of geopolitical instability, they are the first to be disposed of. The conflict between Israel and Iran escalated to a new level after the US strikes on uranium enrichment centers, which means that some investors decided to get rid of high-risk assets. I am sure that as soon as there is talk of some kind of agreement between Israel and Iran, high-risk assets will start to grow again.

[purple_sparkles]

Any military actions around the world have a strong impact on the cryptocurrency market. After recent events, all crypto holders have started to seriously worry. Be that as it may, many are still counting on growth this year, but geopolitics is testing everyone’s nerves. I thought the war between Iran and Israel would have a greater impact on Bitcoin’s drop, but it has been holding up fairly steadily despite everything.

[betswift]

Any military actions around the world have a strong impact on the cryptocurrency market. After recent events, all crypto holders have started to seriously worry. Be that as it may, many are still counting on growth this year, but geopolitics is testing everyone’s nerves. I thought the war between Iran and Israel would have a greater impact on Bitcoin’s drop, but it has been holding up fairly steadily despite everything.

We didn't see the biggest fireworks yet, imo.

But I pray the market will behave well and the situation deescalates properly, without any long-term conflict put in place.

That would be good for everybody.

[yhiaali3]

When did Bitcoin reach $75,000? The lowest price Bitcoin reached since the US strike was around $98k, and now the price is back above $100k.

However, this is expected with any global geopolitical event, as wars and crises affect the global economy in general, including crypto markets. But if we look at stock exchanges we find that crypto markets have been the least affected, despite the major events in the Middle East.

The war is not over yet, and events are expected to escalate further and the conflict to extend. Therefore, it is not unlikely that we will see further declines in Bitcoin.

[Synchronice]

I cant keep up with the news the last bomb shell was trumps terrifs and btc went to 75k, . Are US investors saying this could be bad for the american stock market so last buy crypto: so it will be good? Or will the traders say btc and when I say btc I mean all coins, that when the nyse is too linked to bitcoin and even though bitcoin is country less but seems US drives the price. You can see when this administration is insider trading. Always a day late so we pick up the tab when they pump and dump.

Have anyone heard about the Strait of Hormuz? It's a strait between the Persian Gulf and the Gulf of Oman. 20 million barrels of oil, which is 1/5 of global oil consumption and Iran can close that. If Iran does that, then the oil market will react with sharp price spike because there will be a sudden shortfall of oil. But what do you think, what will happen in Iran closes that? Guess what? It will be open soon via force but I'm afraid everything leads us to World War 3 and then I don't know what will happen.
There are only two outcomes. If there is a severe economic crisis, people will either sell all of their Bitcoins to have a money for food and utilities or they'll buy Bitcoins with the hope that it's the only thing that will help them to financially escape.
I'm afraid the first one is going to happen.

[fikrett]

When did Bitcoin reach $75,000? The lowest price Bitcoin reached since the US strike was around $98k, and now the price is back above $100k.

However, this is expected with any global geopolitical event, as wars and crises affect the global economy in general, including crypto markets. But if we look at stock exchanges we find that crypto markets have been the least affected, despite the major events in the Middle East.

The war is not over yet, and events are expected to escalate further and the conflict to extend. Therefore, it is not unlikely that we will see further declines in Bitcoin.

Someone is going to get someone what he wants one way or another, and I sure hope we won't need another event or two before it will happen.. and the markets will return to normal easily.

[alastantiger]

I cant keep up with the news the last bomb shell was trumps terrifs and btc went to 75k, . Are US investors saying this could be bad for the american stock market so last buy crypto: so it will be good? Or will the traders say btc and when I say btc I mean all coins, that when the nyse is too linked to bitcoin and even though bitcoin is country less but seems US drives the price. You can see when this administration is insider trading. Always a day late so we pick up the tab when they pump and dump.

The US market is the most powerful market hence when something is happening to the US market, it usually affects other markets indirectly. The war doesn't have any positive impact for Bitcoin because despite you putting all your wealth in Bitcoin as a safe heave it doesn't keep it safe from the corrections that'll be happening in the short term and when you aren't the patient type, you can't keep holding especially when you keep seeing your portfolio decreasing as the days go by. War isn't good in any way, it only benefits the arms dealers and illegal firearms traffickers. Nobody wants to buy when the certainty of the economy isn't known hence we need a war free world for the trust of investors to be restored back into the market.

[Brandon855]

You're not connecting imaginary dots, you're looking at the new reality.

Bitcoin is chained to Wall Street now, thanks to the ETFs. So yeah, when the US stock market sneezes from tariff news or Fed whispers, Bitcoin catches a cold... or a rocket ride.

And you're dead on about being a day late. The institutional money and the D.C. insiders front-run every major announcement. They're not pumping and dumping on vibes anymore; they're trading on macro policy. We're just the plankton eating their leftovers.

[Bluebird1357]

In my opinion, in this war situation, the price of Bitcoin may be temporarily slightly lower, but later its price will increase greatly. The reason for the temporary price decrease is that investors will cash out to overcome the situation and as a result the price may decrease and later when a stability comes, the price will increase very quickly. Previous history says so. However, no matter what the situation is, if the price dumps and goes deep, then if we can do something to buy BTC and when it does, we can get a very big profit due to being patient even in this bad situation.

[Satofan44]

It will test the greed/fear index, but I doubt BTC is going to drop substantially.

Don't look at the day to day, look at YTD; despite all of this news, BTC is still up +68% from this day last year.

Basically what I said earlier in the thread, but most people comment here without reading a single thing. Bitcoin is doing fantastic, unbelievably good. Now imagine if all wars stopped and quantitative easing resumed.

The impact that these events have on Bitcoin these days is minimal. People are generally stuck in old ways of thinking and have issues adapting fast to change. Had this happened several years ago, Bitcoin would have experienced significant drops of probably more than 10% and possibly even more than 20% during the same day. These days it is a resilient asset class with widespread distribution. Macroeconomic factors being terrible as they are do negatively contribute to its price performance, but their effects are no longer what they used to be. On the flip side, we shall see a lot of positive performance once the macro environment becomes bullish again.