Attack on Iran - effects on markets/Bitcoin

[Darker45]

I'm not seeing a significant effect on the Bitcoin market that could clearly be attributed to the attack on Iran. In the first place, this isn't at all surprising. And there's no war really, at least not yet. I don't even think Iran is willing to escalate this conflict into a full-blown war despite the ayatollah dead, and despite the maths of certain analysts on missiles and warheads and drones and whatnot.

Of course, a spike on oil prices is expected. That's probably the specific market where the impact of the attack is truly felt considering that massive supply distributions passing through the strait of Hormuz would certainly be halted because of the conflict.

[bitbollo]

Initially, first minutes of attack, there was a huge red candle, with a lose of 2% in less than 15 minutes.
Now even if the price has recovered the most of the losses, we are still looking at "depressed" values for bitcoin. I can see this only in one way: satoshi at discounted prices

In a scenario of uncertainity, including a bear market, energy prices that could increase.... I would not surprised if the btc price would not skyrocket (just see gold is again going strongly up).

"Big investors" maybe have no real interest to risk such high values on bitcoin meanwhile there are many other industries that can trigger impressive returns.
Of course companies that has a business already estabilished in btc market would have now more appeal to buy btc.

Maybe this could be different for bitcoiners (real people ). The effect on the market has already been disruptive, even we haven't take the falling knife.
There is a big area for EU / SE Asia / Africa - involved both for people and transfer of goods.  Technically is even worst than covid and again we don't know for how many time this can continue.  

[philipma1957]

Some are saying the Abraham Lincoln air craft carrier was hit by four missles.

If true we could see a crash on monday morning.

[ruykeri]

In this current war, Iran, Israel, America, and all the countries of the Middle East are directly involved. This is normal in a period of very large impact on the world economy. When the world economy is affected, it becomes related to Bitcoin. Those whose business is centered on these countries. All the countries or companies that have business with the oil trade of these countries, if they hold Bitcoin, they will want to give it up. And many people will start selling Bitcoin without realizing anythings it at this time. It is usual for the Bitcoin market to be affected. However, I have not seen any such major impact so far. Accurate news is not available during the war. When the right events are ahead, very big changes can be observed in the world economy and politics.

[As-Soon-As]

The price of Bitcoin has been below $70K for the past few weeks, so it is not as if the price of Bitcoin has been dumped due to the war at the moment. So I cannot directly identify the war zone of Iran and the USA as the reason for the dumping of Bitcoin price. However, the price of Bitcoin is sometimes limited to ups and downs, but I think the price of Bitcoin will develop an upward trend at any time and go above $70K.

[dezoel]

I love the fact that there could be WW3 starting and BTC just doesn't care lol. This is why I keep telling people do not trade based on news but they somehow still do and that never made any sense to me at all.

I get that it may not be all that easy to handle this because you would like to believe that a whole ass war between three giant nations (well Iran may not be that giant still very important country in the middle east as a far what I have been seeing politically) should normally impact the price but then you look at it and it is not in significant level in the end, lol.

[macson]

and do you expect any possible long-term effects, especially if the military operation doesn't go as smooth as expected and Iran proves to be a tough challenge?

I don't think the war between Iran and the US will have a significant impact on Bitcoin in the long term. Just look at how Bitcoin is showing such positive growth today --- it means that more people see Bitcoin as a potential asset to invest in right now. And most likely, it will stay that way.

[myfik11]

From here it all depends on escalation and whether the situation will stay contained. Bitcoin still trades like a risk asset and all traders should be cautious right now

[salad daging]

I'm not seeing a significant effect on the Bitcoin market that could clearly be attributed to the attack on Iran.

In fact, the price of bitcoin has risen after the US-Iran conflict. Could it be that some people are turning to bitcoin as an alternative?

Of course, a spike on oil prices is expected. That's probably the specific market where the impact of the attack is truly felt considering that massive supply distributions passing through the strait of Hormuz would certainly be halted because of the conflict.

I don't know if oil prices are starting to rise now? I know that the Strait of Hormuz is a route for intercontinental trade, with at least 20% of trade passing through it, according to the news. Other reports say that the Strait of Hormuz is being heavily guarded by Iranian forces.

Some are saying the Abraham Lincoln air craft carrier was hit by four missles.

If true we could see a crash on monday morning.

This has caused confusion. There are reports on X that the aircraft carrier Abraham Lincoln was attacked by missiles from Iran, while major media outlets are saying the Abraham Lincoln is fine. I don't know which is true.

[OgNasty]

I thought we would be seeing much better entry points in stocks this week as a result of the Iran fiasco but it appears that markets aren’t very worried about it. I managed to grab some JEPI but I think this war starting over the weekend allowed investors time to cope with their panic.

[aylabadia05]

What do you expect to see happening to the stock market on Mon, and do you expect any possible long-term effects, especially if the military operation doesn't go as smooth as expected and Iran proves to be a tough challenge?

I see that the effects of this war between the two countries on the crypto market have not been too negative to date. The market still shows no signs of anything happening out there, and I just received a notification that the Bitcoin price chart has increased by several percent in 24 hours. There has been an increase of +5% to almost +6% during that period.
At this stage, I am confident that in March (short term), while this conflict is ongoing, the market price for Bitcoin will be positive because investors are increasingly aware that Bitcoin is a safe asset in a world at war.

[SUPERSAIAN]

Haha, quite the opposite, it's even rising! It was slightly affected on the day the first war was declared, but after that it didn't seem to be affected much. It's currently nearing the 70k mark and might even go higher. It's great that it's not affected by wars or other events and is progressing on its own path I like that too. Iran was one of the most influential countries in the Middle East, even if it's not that huge a country anymore, that's a fact.

[Lucius]

I love the fact that there could be WW3 starting and BTC just doesn't care lol. This is why I keep telling people do not trade based on news but they somehow still do and that never made any sense to me at all.
~snip~

I would not agree with those who think that a new world war could start, because on one side we have the US and Israel with some support from their allies, and on the other side only Iran, which has been under sanctions for so long that it is only a matter of time before it loses all ability to pose a threat.

You don't think that Russia, which has already been at war for 4+ years, would enter another war (which it can't win anyway), or that China, which always stays on the sidelines and tries to extract some economic benefit from everything, would join it.

There are no ingredients here for a world war, just as there were with the invasion of Iraq or Afghanistan.

[BALIK]

What do you expect to see happening to the stock market on Mon, and do you expect any possible long-term effects, especially if the military operation doesn't go as smooth as expected and Iran proves to be a tough challenge?

I see that the effects of this war between the two countries on the crypto market have not been too negative to date. The market still shows no signs of anything happening out there, and I just received a notification that the Bitcoin price chart has increased by several percent in 24 hours. There has been an increase of +5% to almost +6% during that period.
At this stage, I am confident that in March (short term), while this conflict is ongoing, the market price for Bitcoin will be positive because investors are increasingly aware that Bitcoin is a safe asset in a world at war.

I'm not sure if that is true, that investors are increasingly aware of Bitcoin as a safe asset. But according to my research, the stock market did not react too negatively, while gold and silver fell significantly today. What is happening is the complete opposite of what we typically see that risky assets will fall and safe assets will rise whenever there is geopolitical instability.

Furthermore, the battle is not over and Bitcoin also seems to be fluctuating unpredictably instead of rising steadily. Therefore, it is difficult to draw any conclusions.

[dunfida]

What do you expect to see happening to the stock market on Mon, and do you expect any possible long-term effects, especially if the military operation doesn't go as smooth as expected and Iran proves to be a tough challenge?

I see that the effects of this war between the two countries on the crypto market have not been too negative to date. The market still shows no signs of anything happening out there, and I just received a notification that the Bitcoin price chart has increased by several percent in 24 hours. There has been an increase of +5% to almost +6% during that period.
At this stage, I am confident that in March (short term), while this conflict is ongoing, the market price for Bitcoin will be positive because investors are increasingly aware that Bitcoin is a safe asset in a world at war.

I'm not sure if that is true, that investors are increasingly aware of Bitcoin as a safe asset. But according to my research, the stock market did not react too negatively, while gold and silver fell significantly today. What is happening is the complete opposite of what we typically see that risky assets will fall and safe assets will rise whenever there is geopolitical instability.

Furthermore, the battle is not over and Bitcoin also seems to be fluctuating unpredictably instead of rising steadily. Therefore, it is difficult to draw any conclusions.

Thats why im not really that fixating myself on trying out to get in within the market specially into these kind of sentiments or fundamentals specially on crypto space because we've been able to see countless situations on which the market didnt make out any reactions or having that impact whether the news is a negative or positive ones. For those who are eager on wanting to make use of fundamental analysis then they are really that fond when it comes into these events on which once they would be able to get on the right time then they can be able to take advantage once the market would be making out such movement specially on impulsive movements but of course there's no assurance that it would be going into the way that they were expecting. Its still that very random because we dont really know on how it do make out such impact.

One things for sure that once there's war then those things being affected will be usually on oil/gas prices which now we've been feeling it out here in our country. As for investment then i dont think that up too much since i would be holding up for long term.

[Awaklara]

I don't think the war between Iran and the US will have a significant impact on Bitcoin in the long term. Just look at how Bitcoin is showing such positive growth today --- it means that more people see Bitcoin as a potential asset to invest in right now. And most likely, it will stay that way.

If the war lasts longer, it will definitely have an impact on the Bitcoin market. This could also be related to the global economy, which will be affected by a prolonged war. Iran may not be an easy country to conquer. It is said that they have already carried out a retaliatory action, which also causes losses for the US and its allies.
What I fear is that a prolonged war could involve more countries joining the conflict. But it is not the first time we are facing the market in a war situation. In the short term, there may not be much impact. But in the long term, it might be difficult to predict the effect on the Bitcoin market.

[davis196]

I love the fact that there could be WW3 starting and BTC just doesn't care lol. This is why I keep telling people do not trade based on news but they somehow still do and that never made any sense to me at all.

I get that it may not be all that easy to handle this because you would like to believe that a whole ass war between three giant nations (well Iran may not be that giant still very important country in the middle east as a far what I have been seeing politically) should normally impact the price but then you look at it and it is not in significant level in the end, lol.

World War 3? Are you serious? I don't see Russia and China helping Iran in any possible way right now. Do you really believe that Russia and China would start a full scale war with USA and Israel because of Iran? I don't believe in such theory. The current conflict does not have any significant impact over the BTC price, just like the war in Ukraine didn't have a big impact over BTC back in 2022. Maybe when the Strait of Hormuz gets actually closed by Iran this would hit the global economy and the global markets, but I don't see such thing happening right now. It's weird that the BTC price went up by 5% today. I was expecting a price drop to levels below sixty thousand dollars.

[Princess Leah]

I don't think the war between Iran and the US will have a significant impact on Bitcoin in the long term. Just look at how Bitcoin is showing such positive growth today --- it means that more people see Bitcoin as a potential asset to invest in right now. And most likely, it will stay that way.

If the war lasts longer, it will definitely have an impact on the Bitcoin market. This could also be related to the global economy, which will be affected by a prolonged war. Iran may not be an easy country to conquer. It is said that they have already carried out a retaliatory action, which also causes losses for the US and its allies.
What I fear is that a prolonged war could involve more countries joining the conflict. But it is not the first time we are facing the market in a war situation. In the short term, there may not be much impact. But in the long term, it might be difficult to predict the effect on the Bitcoin market.

They were stocked with supplies from their allies coupled with their underground facilities that can't be penetrated by bunker busters where mass production of cheap missiles with mass destruction capacity are made, deep inside the mountains so the have lots of supplies to even comfront more countries with military zones of the enemies.

 More countries have joined already, remember that they striked neighbouring countries so the war is gradually prolonging, and because of that the market might remain bearish for a while with Bitcoin still fluctuating around 60k or it might drop lower.

[OgNasty]

Looks like the markets are finally feeling the pinch this morning. I was a bit surprised we didn’t see this type of selloff yesterday, but I guess there was enough liquidity in the system to hold off the bears for a day. Now I wonder how bad things are going to get this week, as it seems global markets are now strongly headed downward.

[aylabadia05]

<snip>

I'm not sure if that is true, that investors are increasingly aware of Bitcoin as a safe asset. But according to my research, the stock market did not react too negatively, while gold and silver fell significantly today. What is happening is the complete opposite of what we typically see that risky assets will fall and safe assets will rise whenever there is geopolitical instability.

That's just my opinion on enjoying every event that occurs in assessing how to react to the market price, especially the price of Bitcoin.
Bitcoin remains strong in maintaining its price chart and even tends to rise despite the ongoing conflict.
Those who sold gold a few days ago were fortunate, as its price has been gradually declining today. I asked about the impact of this conflict on gold to hear how some of us who place our trust in gold compare to those who invest in other valuable assets.