Topic: Bitcoin price: US-Iran conflict is the answer - page 3. (Read 405 times)
I'm not sure that's the cause of the rise in bitcoin prices, if examined further there are many reasons for the rising price of bitcoin, but don't know the exact reason, halving bitcoin can also be a reason for price increases, even without the current news, technical analysis also shows the beginning of a positive trend.
I don't share with the idea of these market analysts. These market analysts seem to be incompetent. They seem to be picking on the big current event and then immediately link Bitcoin's price to it. How many times have we been like this? One protest there, the price is said to rise because of it. One announcement here, the price is said to rise because of it. One government in turmoil there, the price is going to explode. And here comes another conflict which is not really a war as they seem to imply, and the price is going to rise again due to it? What is going inside the heads of these analysts? So are we going to pray for more of these kinds of events for Bitcoin to rise?
Good comment, I don't guess that people must pray to get more of those kinds of conflicts. No one wants wars.
However, this conflict could bring to Iran more sanctions limiting the economy of Iran and the region, pushing Bitcoin in the Middle East.
I don't share with the idea of these market analysts. These market analysts seem to be incompetent. They seem to be picking on the big current event and then immediately link Bitcoin's price to it. How many times have we been like this? One protest there, the price is said to rise because of it. One announcement here, the price is said to rise because of it. One government in turmoil there, the price is going to explode. And here comes another conflict which is not really a war as they seem to imply, and the price is going to rise again due to it? What is going inside the heads of these analysts? So are we going to pray for more of these kinds of events for Bitcoin to rise?
According to market analysts, escalating tensions between the US and Iran have prompted an increase in Bitcoin price.
General Qasem Soleimani, head of the elite Quds Force of the Iranian Revolutionary Guards, was murdered by U.S. Troops in Iraq. This pushed Bitcoin price higher than $7,500, and a broke a steady decline on the price that started before Christmas.
The cryptocurrency is pretty volatile, making it hard to connect one factor to significant market fluctuations, but international instability is often cited as a factor contributing to rising Bitcoin price.
Full article: https://unblocked.press/bs-bitcoin/bitcoin-price-us-iran-conflict-is-the-answer/
What do you think about this situation?
General Qasem Soleimani, head of the elite Quds Force of the Iranian Revolutionary Guards, was murdered by U.S. Troops in Iraq. This pushed Bitcoin price higher than $7,500, and a broke a steady decline on the price that started before Christmas.
The cryptocurrency is pretty volatile, making it hard to connect one factor to significant market fluctuations, but international instability is often cited as a factor contributing to rising Bitcoin price.
Full article: https://unblocked.press/bs-bitcoin/bitcoin-price-us-iran-conflict-is-the-answer/
What do you think about this situation?
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