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Topic: Bitcoin Price. (Read 930 times)

member
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June 04, 2024, 11:37:46 AM
But the price of Bitcoin is somewhat politically related, as Russia and Ukraine are at war after a massive economic crisis. And it's the next Bitcoin price has been a little bit critical, and then it's been phased Bitcoin price high speed again. So I think the price of Bitcoin has a little bit to do with politics in part.

I don't think it's as dominant because as a result of the ongoing war the price of BTC will be rumored to be falling, if BTC goes up, the bad news will disappear by itself. That's the habit from what I understand. The strongest factor why the BTC price rises is when buying demand is high and usually comes. from major institutions.

I don't think so, if it's true, why do so many people own BTC??
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May 28, 2024, 11:17:19 PM
If we already know that we cannot predict on whether the market will be influenced by any economic or political affairs or not, then we should know as well that there is nothing that cannot be seen with the bitcoin market price under the influence of some of the economic factors, they may have a positive influence as well as the other way round, as long as its something that is going to alter either its demand or supply, the price will also be affected.

But the price of Bitcoin is somewhat politically related, as Russia and Ukraine are at war after a massive economic crisis. And it's the next Bitcoin price has been a little bit critical, and then it's been phased Bitcoin price high speed again. So I think the price of Bitcoin has a little bit to do with politics in part.
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May 28, 2024, 01:55:37 PM
Quote from: tengui
I think the war between Russia and Ukraine will not have a big impact on the price of Bitcoin. This war has been going on for more than a year and Bitcoin is still able to print a new ATH. Apart from that, currently it seems that news about the war between Russia and Ukraine is not being paid much attention by the world community. I think news about ETFs or hacks is much more influential than news about this war.
Since BTC is not control by Ukraine or Russia, it will not affect the price of BTC which you have seen the bull run of BTC since the war started and where the price is now, you will know that BTC is a decentralized currency.

I guess BTC price hit above $73k this year during the war for people to know that BTC is different from other traditional currency, which war or government cannot control or stop not to function in the whole world.

Based on the last speech of the Russian president, I believe they are trying to make sure they listen to the advise of others countries just to allow peace to reign among them which is the reason the war has reduced.
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May 22, 2024, 10:51:22 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?
war of a country cannot make a bitcoin price to reduce in value it can only make a Bitcoin to not well accepted in that particular country or countries because other countries make use of Bitcoin also embrace Bitcoin so I know very well that bitcoin is something that used to get more influence since it has been introduced since 2009

What do you think when the Attack from Iran landed on Israel, the market dumps because many of the economy activities were affect and investors are withdrawing their investment from digital currency till they have the feelings that such will not leave a delicable dent on the crypto asset investment before they now continue, same happens in the case of Russia and Ukraine as long as the demand and supply will be affected, then bitcoin price will also have it own share of being affected up or down.

We understand that every financial market get affected with strong world news but I doubt investors will fret in terms of safety of there asset in Bitcoin. I believe only the impatient investors and newbie that consider war as a threat, most investors also channel there resources to buy gold because gold always skyrocket during war.

Though, let see how Bitcoin gonna react in the future to events yet to unfold. Bitcoin is the only safe zone.
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May 22, 2024, 10:35:33 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?
war of a country cannot make a bitcoin price to reduce in value it can only make a Bitcoin to not well accepted in that particular country or countries because other countries make use of Bitcoin also embrace Bitcoin so I know very well that bitcoin is something that used to get more influence since it has been introduced since 2009

What do you think when the Attack from Iran landed on Israel, the market dumps because many of the economy activities were affect and investors are withdrawing their investment from digital currency till they have the feelings that such will not leave a delicable dent on the crypto asset investment before they now continue, same happens in the case of Russia and Ukraine as long as the demand and supply will be affected, then bitcoin price will also have it own share of being affected up or down.
full member
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May 22, 2024, 09:57:04 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?

Anyone can name how much bitcoin costs freely. whether geopolitical conditions are good or not is fine, just like the OP wants to know, but it looks funny to others. Of course, due to the Russia-Ukraine war and still ongoing today, at first glance changes the outlook on investment and they will tend to play it safe by investing in safe haven assets.

However, if we have knowledge based on price history, technical or fundamental, I believe these factors are not major items that make the price of BTC weaken and fall dramatically and certainly, BTC will continue to set record highs in the future.


Of course, BTC currently traces each of its upswings historically for the future. Our next generation may only see this price as a thing of the past as we look at price charts after 2013 again and again and try to reconcile. I think war situation and inflation all over the world have very little impact on whatever.
sr. member
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May 19, 2024, 09:57:40 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?

Anyone can name how much bitcoin costs freely. whether geopolitical conditions are good or not is fine, just like the OP wants to know, but it looks funny to others. Of course, due to the Russia-Ukraine war and still ongoing today, at first glance changes the outlook on investment and they will tend to play it safe by investing in safe haven assets.

However, if we have knowledge based on price history, technical or fundamental, I believe these factors are not major items that make the price of BTC weaken and fall dramatically and certainly, BTC will continue to set record highs in the future.

legendary
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May 19, 2024, 09:47:40 AM
I think the war between Russia and Ukraine will not have a big impact on the price of Bitcoin. This war has been going on for more than a year and Bitcoin is still able to print a new ATH. Apart from that, currently it seems that news about the war between Russia and Ukraine is not being paid much attention by the world community. I think news about ETFs or hacks is much more influential than news about this war.
If you can imagine that the war between Russia and Ukraine did not affect the price of Bitcoin, you should also be able to imagine that if the war between Russia and Ukraine had not occurred in the last year, perhaps we would all have seen Bitcoin prices much higher than the ATH that has ever been created in this year and could even approach $100K. Believe it or not, war is a very bad thing for the economy and also for the prices of goods that people often need and crypto assets such as Bitcoin can also feel the effects of this war. Although the effects felt by investors and traders in the market are not as great as those felt by traditional traders who sell physical goods.
full member
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May 19, 2024, 06:54:04 AM
Many are comparing the ups and downs in the value of Bitcoin to the ongoing war between some of the world's countries. But the war in Ukraine and Russia has been going on for a long time, besides the war in Palestine and Israel is going on, I don't think why the price of Bitcoin has been affected by these wars. The price of Bitcoin began to rise in early January, and at one point the price of Bitcoin fell slightly after the approval of ETFs, But after a few days it reaches its peak. Also an important event this year was the Bitcoin Halving, since the Bitcoin halving, the price of Bitcoin has now exceeded $67,000. However I think Bitcoin may soon cross $100k in the next bull run.
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May 19, 2024, 05:39:18 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?
war of a country cannot make a bitcoin price to reduce in value it can only make a Bitcoin to not well accepted in that particular country or countries because other countries make use of Bitcoin also embrace Bitcoin so I know very well that bitcoin is something that used to get more influence since it has been introduced since 2009
full member
Activity: 476
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May 19, 2024, 12:22:57 AM
I think the war between Russia and Ukraine will not have a big impact on the price of Bitcoin. This war has been going on for more than a year and Bitcoin is still able to print a new ATH. Apart from that, currently it seems that news about the war between Russia and Ukraine is not being paid much attention by the world community. I think news about ETFs or hacks is much more influential than news about this war.

If there is any news about hacking then it will definitely be influential. Maybe because of the war Bitcoin price will be in a bit of dumping because big investors can't invest at the right time. But now the war has had some impact and has come out stronger than that, with the price of Bitcoin rising the most since the approval of the Bitcoin ETF. Bitcoin price touched an all-time high of $73.6k.
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May 18, 2024, 05:43:36 PM
I think the war between Russia and Ukraine will not have a big impact on the price of Bitcoin. This war has been going on for more than a year and Bitcoin is still able to print a new ATH. Apart from that, currently it seems that news about the war between Russia and Ukraine is not being paid much attention by the world community. I think news about ETFs or hacks is much more influential than news about this war.
hero member
Activity: 952
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May 14, 2024, 11:31:31 AM
If we already know that we cannot predict on whether the market will be influenced by any economic or political affairs or not, then we should know as well that there is nothing that cannot be seen with the bitcoin market price under the influence of some of the economic factors, they may have a positive influence as well as the other way round, as long as its something that is going to alter either its demand or supply, the price will also be affected.
sr. member
Activity: 1624
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May 14, 2024, 10:26:05 AM
Bitcoin price is always changing, you will notice that at the beginning of 2020 the price of Bitcoin was very low and in 2024 it reached the highest Bitcoin price target level. Bitcoin price will rise even more when the bull run starts in 2025 as Bitcoin price only targets halving when it makes the report. As evidenced by the 2020 halving, the highest Bitcoin price growth came in 2021 and reached $73K before the 2024 halving.

However, when you comparing the current price with past BTC price cycles, of course, the value and movement are different. I never doubted whether BTC would hit a new ATH again this year above 73K and that could happen after this halving unless there is a bottleneck if there is extreme news that makes demand drop sharply.

So. Whatever the conditions, be wise to be realistic and do not put expectations too high, otherwise we will feel disappointed when the price does not reach our target because all possibilities can still happen in the crypto market
hero member
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May 14, 2024, 09:43:48 AM
#99
Bitcoin price is always changing, you will notice that at the beginning of 2020 the price of Bitcoin was very low and in 2024 it reached the highest Bitcoin price target level.
It's because we have the pandemic early that year, in March 2020 and so we reacted to that, causing the price to decline big. However, we have bounce back as it was halving year as well, so at the end of that year, the market is already in the bull run.
 
Bitcoin price will rise even more when the bull run starts in 2025 as Bitcoin price only targets halving when it makes the report. As evidenced by the 2020 halving, the highest Bitcoin price growth came in 2021 and reached $73K before the 2024 halving.
No, as per historical logs, at the halving year when the bull run will start. For now we're not even a month for the halving itself so the effect is not there yet. But if there will be movement maybe in the last quarter of this year that might even reach $73k or established another all time high around 6 digits.
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May 13, 2024, 10:58:52 AM
#98
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?
During the war between Russia and Ukraine, there was a financial crisis around the world. I don't think it has affected the price of Bitcoin in any way, Save Bitcoin ETF has hit the highest Bitcoin price since approval yet Bitcoin price is currently at $63. If you look at the past records, you can definitely see that the only halving coin has seen the highest price increase, but this year in 2024, the price of Bitcoin previously touched $73.6k. Bitcoin still has the best record in history.
I feel like Ukraine war definitely impacted, but in a good way. The reality is that when currencies gets devalued, that makes bitcoin go up, and because of the boycotting and all the stuff other nations did, Russians had to take all their belongings in other nations and get it back to Russia and they used Bitcoin for that as well, not all of them but some of them did that.

We should consider this fact as important and we can't really make it go any further, we need to realize that we are going to do better. I hope that we can make it work, but I do not think that we are going to end up with anything bigger. We should be considering what we can do right now as important, and price goes up no matter what is going on in the world.
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May 13, 2024, 06:32:30 AM
#97
Bitcoin price is always changing, you will notice that at the beginning of 2020 the price of Bitcoin was very low and in 2024 it reached the highest Bitcoin price target level. Bitcoin price will rise even more when the bull run starts in 2025 as Bitcoin price only targets halving when it makes the report. As evidenced by the 2020 halving, the highest Bitcoin price growth came in 2021 and reached $73K before the 2024 halving.
hero member
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May 13, 2024, 06:14:56 AM
#96
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?

During the war between Russia and Ukraine, there was a financial crisis around the world. I don't think it has affected the price of Bitcoin in any way, Save Bitcoin ETF has hit the highest Bitcoin price since approval yet Bitcoin price is currently at $63. If you look at the past records, you can definitely see that the only halving coin has seen the highest price increase, but this year in 2024, the price of Bitcoin previously touched $73.6k. Bitcoin still has the best record in history.
sr. member
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May 12, 2024, 08:54:59 AM
#95
The price of Bitcoin starts halving after four years and this halving is the peak of the Bitcoin price. Since the halving currently takes place in 2024, it is very likely that the price of Bitcoin will peak at $80,000 in 2024. Because the year after the halving, the price of Bitcoin increases the most, which is proven by the 2020 halving. Now currently Bitcoin price is $62720, it is very likely to increase further.

Many new traders thought that the price will directly go up instantly after the halving. But all the OG traders know that this is not the case. It takes some time for Bitcoins to regain it’s pace to climb up. We have seen Bitcoins following history and repeats it. Hence the price will definitely go up. We just need to have patience and wait for the right moment. Currently the price correction that is happening can be considered as an opportunity and we can right now get the Bitcoins for comparatively cheap price.
Many investors believe that the price of Bitcoin goes up after a halving, but in fact it does not go up immediately. Rather, Bitcoin's market is somewhat stable after the halving and tends to increase thereafter, of course it takes some time to grow, as many of us know and many of us don't. You are right that Bitcoin price needs some time to regain momentum, which makes the market much stronger and could lead to higher momentum later in the market. When we look at the price history of Bitcoin, we must learn that the Bitcoin market does not rise after a halving, but rather a bullish trend may occur after a few months. And we all know that the price of Bitcoin will definitely increase, but it is only a matter of time, so we have to buy and hold Bitcoin and be patient. And we predict that by the end of 2024, the Bitcoin market will grow at a high speed and will reach an all-time high in 2025. And with the current price the Bitcoin market is moving through, we are hopeful that something good will happen in the coming days.
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May 12, 2024, 08:06:16 AM
#94
The price of Bitcoin starts halving after four years and this halving is the peak of the Bitcoin price. Since the halving currently takes place in 2024, it is very likely that the price of Bitcoin will peak at $80,000 in 2024. Because the year after the halving, the price of Bitcoin increases the most, which is proven by the 2020 halving. Now currently Bitcoin price is $62720, it is very likely to increase further.

Many new traders thought that the price will directly go up instantly after the halving. But all the OG traders know that this is not the case. It takes some time for Bitcoins to regain it’s pace to climb up. We have seen Bitcoins following history and repeats it. Hence the price will definitely go up. We just need to have patience and wait for the right moment. Currently the price correction that is happening can be considered as an opportunity and we can right now get the Bitcoins for comparatively cheap price.
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