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Topic: Bitcoin Price. - page 5. (Read 930 times)

full member
Activity: 2086
Merit: 193
March 12, 2022, 04:53:59 PM
#33
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?
Bitcoin will rise and will prevail, the war makes the adoption more possible especially now that many countries restrict Russia from banking transactions, they are being forced to look for alternatives and cryptocurrency are their best option as of the moment. Bitcoin will make a good run here, though it needs more time for this but eventually, the price will rise again.
full member
Activity: 2128
Merit: 180
March 12, 2022, 04:26:56 PM
#32
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?
The effect of war can’t be seen in just a week, this is a long term effect so expect for a more volatile price this year as long as the war is still on-going. Bitcoin can’t rise that much for now, people are still figuring out on which investments are more safe during these time, Russian people already on a move to adopt crypto, so if there’s a mass adoption in Russia, we can expect for the price to go up now that most of the banks there are doing a limited transactions.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
March 12, 2022, 04:20:06 PM
#31
Some people expects Bitcoin to at least recover near $50k because of the Bitcoin influx of donations to Ukraine, which might turn Ukraine into a crypto friendly country eventually, but Btc price turns the other direction lol.
I personally think the war won't have any direct effect on cryptocurrency as a whole or Bitcoin.
The only thing that would affect cryptocurrency is when Russia decides to shutdown all internet access (which I've heard a rumor, but I don't think it will happen) within the country, as it will cripple the miner's mining activities in Russia.
If Putin decides to shut down the internet I think that was still related to war and if you believe that it can affect bitcoin then why won't you believe that the price increase is also caused by the war? the long list of crypto transactions which totals to a huge amount of money is enough proof to be convinced.

There are negative news that followed later on and I think that caused fuds, which also lead for someone to panic and sell, that is why we are seeing an immediate decline but we are still in control of the situation because as we can see the price is still holding at 39k usd. I don't think Russia will ban the internet. if they do that, they can just ban the electricity too.
newbie
Activity: 28
Merit: 15
March 12, 2022, 02:46:38 PM
#30
If you can take a good at the chart, top down analysis. You will realize that we are in accumulation face already and we're going to see a take off either ways,  but with the higher probably of the price heading higher if history should repeat itself. So the moment we're breaking above 45k level again with a weekly candle closure, I  think for my opinion that the market is going to the freaking moon. reason being since we had the little rebounds in the market,  we haven't had a weekly candle closure above that 45k level.
hero member
Activity: 2044
Merit: 784
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March 12, 2022, 02:12:15 PM
#29
It's hard to see bitcoin skyrocketing right now, because even though it's being potentially used by the world to donate funds to ukrainians, the money doesn't stay invested in crypto for too long. So at same time we have a raise on demand, there is also an increasement on sales, when exchanging btc to fiat in order to use the donated money to purchase goods in general.
It was also said russians could be acquiring bitcoin to protect their money against ruble devaluation, but I don't see on the reality a considerable increasement in btc's price to justify that the demand is rising.

Interesting to note, though, bitcoin keeps pretty stable, despite its low price compared to the last ATH, while fiat currencies are losing value, including the powerful dollar.
legendary
Activity: 3024
Merit: 1132
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March 12, 2022, 12:27:00 PM
#28
I am not so sure because, as we can see, the bitcoin price has been up and down many times. We also see that sometimes, the price drops deeper and makes people panic but the price can increase back to the high price. But that is just speculation that we do not know if that will be like that or will increase higher after the war. I still believe that the bitcoin price will increase and back to the last ATH, even higher in the future. If you are worried about the volatility of the price, you do not need to trade but only buy low and keep it for the long term.
The current conditions cannot be used as a reference for how the condition of bitcoin in the future, because the bitcoin market is up and down at the price as it is now, but in the long term I believe bitcoin will return to the green path, currently there are many cases that hit the market until a correction occurs, so all coins the impact of the case that happened, but for bitcoin in the long term, I'm sure it will get better
It has always been better in the long term. The difference between the long term and short term is huge. I have been around crypto for many years now, one of the early investors and I can tell you that it is always like this.

First it goes up insanely high, like higher than you could even imagine it would go, then it drops half, then we face with that price staying for long time. We are nearly 2x of the previous half and people are worried about the price, it always happened.

When it was under 1 dollar and moved to 33, everyone got scared when it went to like 4 bucks, but it was more than 4x of what it used to be. Then we moved from that to 250+ and everyone got scared when it went to 100, then we did to 1.4k and moved to 250+ again and everyone got scared again. The drops, which makes it way more than what it used to be but still lower than ATH, makes people worried.
hero member
Activity: 1120
Merit: 554
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March 12, 2022, 10:39:40 AM
#27
at this time the identical bitcoin fell due to the war between russia and ukraine, fundamentally affecting 80% of the current price. and whether bitcoin can rise after the war is over, I think it certainly can ... whether the war is over or is it still happening bitcoin can still grow both the price and the technology that accompanies it because of many factors that can support bitcoin's to grow as a real future solution
Where do you get the 80% affected of the current price? The price volatility didn’t exceed 20% so far since the war outbreak in Ukraine. I don’t know where you got the figure but it’s misleading although I agree with you that price will recover after the war since many investors/traders that transfer out there balance on safety assets will surely do buyback in different assets including cryptocurrency. But the main question hee is when will this war will over or atleast if the world economy will gonna be the same since most of the sanction has no expiration and I’m sure they will not gonna let Russia recover there economy after this.
legendary
Activity: 2576
Merit: 1655
March 12, 2022, 10:46:16 AM
#27
at this time the identical bitcoin fell due to the war between russia and ukraine, fundamentally affecting 80% of the current price. and whether bitcoin can rise after the war is over, I think it certainly can ... whether the war is over or is it still happening bitcoin can still grow both the price and the technology that accompanies it because of many factors that can support bitcoin's to grow as a real future solution

The war didn't affect the price of bitcoin, 80%? that numbers is preposterous and it's absurd.

It won't grow after the war if there is no demand, and even if there is a demand, I'm not seeing another all time high. Maybe we can get and see highs of $50k'ish or something for this year. It really turns out that the bearish cycle is here so don't put to much into a great uptick in prices in 2022.
legendary
Activity: 2282
Merit: 1023
March 12, 2022, 10:29:34 AM
#26
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?
There is no comment on this and that is what i voted because in a situation where the economic situation is struggling the price should increase, but what we saw was when the war broke out, the cryptocurrency market went down drastically before recovering from it after a couple of days and we are still finding it difficult to break the resistance above $44k and hence i am not sure what the market situation would be in the next couple of months.
full member
Activity: 1134
Merit: 167
March 12, 2022, 07:07:56 AM
#25
at this time the identical bitcoin fell due to the war between russia and ukraine, fundamentally affecting 80% of the current price. and whether bitcoin can rise after the war is over, I think it certainly can ... whether the war is over or is it still happening bitcoin can still grow both the price and the technology that accompanies it because of many factors that can support bitcoin's to grow as a real future solution
full member
Activity: 602
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March 12, 2022, 06:37:16 AM
#24
I am not so sure because, as we can see, the bitcoin price has been up and down many times. We also see that sometimes, the price drops deeper and makes people panic but the price can increase back to the high price. But that is just speculation that we do not know if that will be like that or will increase higher after the war. I still believe that the bitcoin price will increase and back to the last ATH, even higher in the future. If you are worried about the volatility of the price, you do not need to trade but only buy low and keep it for the long term.
The current conditions cannot be used as a reference for how the condition of bitcoin in the future, because the bitcoin market is up and down at the price as it is now, but in the long term I believe bitcoin will return to the green path, currently there are many cases that hit the market until a correction occurs, so all coins the impact of the case that happened, but for bitcoin in the long term, I'm sure it will get better
hero member
Activity: 2716
Merit: 552
March 12, 2022, 06:13:52 AM
#23
Some people expects Bitcoin to at least recover near $50k because of the Bitcoin influx of donations to Ukraine, which might turn Ukraine into a crypto friendly country eventually, but Btc price turns the other direction lol.
I personally think the war won't have any direct effect on cryptocurrency as a whole or Bitcoin.
The only thing that would affect cryptocurrency is when Russia decides to shutdown all internet access (which I've heard a rumor, but I don't think it will happen) within the country, as it will cripple the miner's mining activities in Russia.
hero member
Activity: 1666
Merit: 723
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March 12, 2022, 03:22:47 AM
#22
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?
The crisis between Russia and Ukraine don't have any effect on the acceleration of cryptocurrencies and especially bitcoin in question, Bitcoin increment is determine by the supportive means of the rate of the market demand and supply, so Russian fight with Ukraine don't have to do with the price increase of bitcoin, but some people is understanding it in such way, before this time the price of Bitcoin has been fluctuating since last year 2021, so Bitcoin price not crossing forty thousand, doesn't mean it's because of the crisis.
sr. member
Activity: 812
Merit: 254
Leading Crypto Sports Betting & Casino Platform
March 12, 2022, 03:01:51 AM
#21
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?
It is difficult to say if the current war will greatly affect the price of bitcoin in the market, because at the beginning of the war, we saw the price of bitcoin experiencing a significant increase and even breaking through the price of $45000, but the price increase did not last long because along with the war continues to heat up  in ukraine actually makes the price of bitcoin continue to experience correction and weaken until now the bitcoin price is between the price range of $ 38000 - $ 40000.
member
Activity: 1162
Merit: 58
March 12, 2022, 02:39:40 AM
#20
i voted together with the majority because what i see here is really unpredictable , not only about the war in ukraine but also about what america is doing towards all things that might be helpful for Russia.
this means they are really into sanctioning russia no matter what happen in this war so Yes I dont think so what will come soon.
full member
Activity: 2520
Merit: 214
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March 12, 2022, 02:26:49 AM
#19
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?
I think it is best to answer I DOnt think So because we really cannot tell, specially now that the war is getting stronger and wider?

it seems that People here and there are trying to prevent from losing their funds, some are putting in crypto while others in gold.

But the best part here is that Russia and Ukraine are both wanting to have bitcoin adoption so this will really take place in what will be bitcoins future is in the next following years.
hero member
Activity: 1414
Merit: 542
March 12, 2022, 01:50:26 AM
#18
The market is predictable to some extent but certain decisions could easily shift the momentum in favour or against the prices.At this time the prices are still struck at levels below $40k but we saw how they managed to take over the $43k also during the surge among people.

That could be a bear trap though, I have a feeling that when the war started, the price goes down hard to -7% and in just 24 hours it reverses and then goes up to $43k levels. So maybe some whales have manipulated the price that time, that is just my hunch.

The bank accounts freezing and fiat shortage during war has definitely impacted the importance of Bitcoin as a currency among people.This may not have any short term affect on prices but in long run they are going to surge heavily.

The war is between two countries only, and there are two sides of story. Ukrainian is using bitcoin and other crypto as donations, while Russia might use it to circumvent the sanctions against them.
hero member
Activity: 1344
Merit: 565
March 12, 2022, 01:31:41 AM
#17
I voted "I don't think so", reason being, we are already in a bear market, so even if there is is no war, the price will have to go down deep and make a correction. So there is no all time high, but expect the price to plummet -50% from the last high we got from November. I don't want to be sounding like doom and gloom but that's how the market works, and the price won't go on parabolic rise. It will be bull run and then we have the bear market.

I do agree with you on this argument also. I made this post, https://bitcointalksearch.org/topic/m.59451191 in another thread somedays ago also confirming this sentiment. Since the war or Invasion started, I don't think there has really been a significant downside or upside to Bitcoin's price than what the market has experienced days or weeks before the war. The price bottom since the Russian/Ukrain crises for BTC price was around $34k and the price was even a bit lower than that on the 24 Jan 2022 before the war, so I still say  I don't see that war effect on the Price of Bitcoin instead, I see BTC just taking it normal course.
full member
Activity: 1834
Merit: 166
March 12, 2022, 12:43:56 AM
#16
The market is predictable to some extent but certain decisions could easily shift the momentum in favour or against the prices.At this time the prices are still struck at levels below $40k but we saw how they managed to take over the $43k also during the surge among people.The bank accounts freezing and fiat shortage during war has definitely impacted the importance of Bitcoin as a currency among people.This may not have any short term affect on prices but in long run they are going to surge heavily.
hero member
Activity: 2870
Merit: 594
March 12, 2022, 12:02:43 AM
#15
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?
Doesn't matter if there is war between Russia and Ukraine, the price will still go down because we are in a bear market already. If you will go and look at bitcoin's past history, there is this so called 4 year cycle. So this year we are in the start of the next bear market that could possibility last up to 2024. So personally, the war is just another catalyst to show that we are really in a decline and we will see some retracement.
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