And it means that we are not affected by the war, although not immune, but the effect is not that significant as we have seen the price has been moving positively to $47,000++ even if there is the noise of war in the background.
So let's see how far the war will go though, it's not really good to have it right now as the price of gas is soaring high. And maybe that's one reason that people are going to bitcoin to stop the bleeding of their wealth. Going to bitcoin and hedging their money is a good idea at this time.
With Bitcoin rising above $45k while the war was still going on, has proven that the war between Russia and Ukraine did not have too big an effect
on the movement of Bitcoin. It might have an effect when the war first broke out, but the effect didn't last long, because it wasn't long before
the Bitcoin price started to slowly go up and now it's quite surprising to be able to rise above the $45k price.
This means we don't have to worry if we want to invest in Bitcoin right now, because the price of Bitcoin will always go up no matter how much FUD
in circulation. Since Bitcoin's fundamentals have proven to be very strong, so any event that makes the price of Bitcoin fall, it never lasts long.
Even in my opinion in a situation of economic crisis that is happening around the world, where many assets are falling in price, but Bitcoin has
so far shown a pretty good performance, although the price has not returned to the ATH price. But in my opinion it is very safe to make Bitcoin
an option for long-term investment, because in the future the price of Bitcoin will definitely rise very high.
This is by far the most popular opinion, indeed the war didn't affect the price of bitcoin but instead it went the other way around. I don't think there is FUD right now, so I'm not seeing the price going down for the month of April unless there is going to be like a big cashout from whales and then there will be panic soon afterwards.
So let's just enjoy our mini bull run if we can it like that, although the price target should be at least $50,000.
Hopefully this April there will be no whales doing big cashout, because I want Bitcoin to get back to the price of $50k. Right now Bitcoin looks
to be experiencing a small correction, but the decline in the price of Bitcoin is still fairly normal, so there's nothing to worry about Bitcoin's price
drop right now. We just focus on holding the Bitcoin we have, because I am still optimistic that in April Bitcoin will be able to touch the price of
$50k. Luckily when Bitcoin hit $47k, I already sold some of the Bitcoins I own, so when the price of Bitcoin drops like it is now, I can buy more
Bitcoin. My prediction before Bitcoin hits $50k, Bitcoin will likely move stable between the price of $45k-$48k first. We can use this situation
to make short-term trades to generate profits.