Israel vs Iran - Will this limit the coming bull run?

AVE5

member

Activity: 154

Merit: 33

Eloncoin.org - Mars, here we come!

Quote from: Yogee on April 16, 2024, 08:50:45 AM

We already have a precedent of what could happen when a war breaks out as what we've witnessed in the Russia - Ukraine. BTC was on the way to recovery if I remember correctly but it fell down sharply when the war broke out.

The market seems to be holding the line after Iran joined but I don't think we've seen the full extent of the regional conflict yet. The worst case scenario is other Islamic countries joining to fight Israel and its Western allies.

You're right. It all depends on the how long lasting of disputes and the latitudes of the regions that are concerned of crisis that's determined to have to how impacts they could proceed on bitcoin market price.
Relatively, they could attain to either offer market increase or market decrease whereas it may either attract more investors as a case of war where physical or stable investments may be on hold as war threats or alternatively that investors may sell their assets to cover up their financial needs.
So it's either it brings favour or disfavor to the bitcoin bull run as has been precedent.

God bless u

full member

Activity: 280

Merit: 110

Eloncoin.org - Mars, here we come!

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

With the Bitcoin halving just days away we all expect bullish 2024 but just wondering how much this war will affect the rest of the year?

I was investing when Russia first invaded Ukraine 2 years ago and the markets crashed then but that was at the bottom of the bear market - will the markets hold stronger being in bull run or will they tank if the war gets worse and will we see less of a bull run?

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

Look it can have a bigger impact if the war continues. This is because Iran is a big supplier of Oil to many countries and if it stops the supply there will be a major breakdown in the sector of power and it'll effect all other sectors as well.

As far as crypto is considered it's not more of a dependent on these types of incident until and unless their effect is global. These techniques are used by many big fishes to distract people off the halving profits.

lixer

hero member

Activity: 2562

Merit: 586

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

With the Bitcoin halving just days away we all expect bullish 2024 but just wondering how much this war will affect the rest of the year?

I was investing when Russia first invaded Ukraine 2 years ago and the markets crashed then but that was at the bottom of the bear market - will the markets hold stronger being in bull run or will they tank if the war gets worse and will we see less of a bull run?

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

Actually we already feel that bullish 2024 you are saying, so even if wars limit the bull, it's not going to hurt that much. The effect can be long-term or short-term depending also on the duration of the war. I know many wants to see a rising price more than the falling one, so we can only hope that the war will end soon and we definitely should because if it runs longer many lives are going to get affected outside cryptos, either directly or indirectly. I'm sorry about your past experience dude but is the history repeating again on your side? Ouch, however if you survived it last time, then I'm sure you can still do it again. I'm rooting for you Wink

.

justdimin

hero member

Activity: 3122

Merit: 672

www.Crypto.Games: Multiple coins, multiple games

Quote from: JeffBrad12 on April 19, 2024, 06:01:55 AM

its probably just a psychological thing where people are afraid and thus the whole market gets affected it happened quite often, sometime the effect become the opposite too, for example when crisis hits certain country a year back if im not mistaken the market instead going up becasue people are trying to save their wealth by migrating over their investment including stocks, gold and so on which they deemed unsafe to bitcoin and it works wonder and that causes the price to rise.
as for now, there's really hard to judge what the correlatino is but expect the market to behave dynamically this time around, after all, war is always a bad thing to happen.
Just hope that peace come back and we can focus on the better thing that this world offers, for once and for all.

Peace is all we want, peace is all what the whole world wants, aside from a few people. The entire war in middle east (or wars anywhere) are results of maybe maximum of 100 people, thousands and thousands of people die because of it, but it happens because of maximum of 100 people.

These are politicians, some higher level soldiers who knows they will not be at the war, like generals and such, and these people from both sides, in any war, end up with getting others killed because they do not care about peace, they want war. This results with a lot of innocent people dying, and this is another one of them. Iran and Israel, I guarantee you, make a referendum and both nations will vote 90% not to vote at least, probably more, but politicians do whatever they want.

JeffBrad12

hero member

Activity: 2898

Merit: 529

Leading Crypto Sports Betting & Casino Platform

Quote from: Mate2237 on April 18, 2024, 04:36:55 PM

Please can you tell me some of the reasons what the war between Israel and Iran will affect the cryptocurrency market? Because as for me I don't see any effect or the war affecting the crypto market. Are the two countries are supporting the development of the cryptocurrency ecosystem or are they investing in it? I think Russians and Ukrainians were investing in Bitcoin and that was why when the way broke out it affected the cryptocurrency market at that time because those who were investing in Bitcoin were destabilized.

But I didn't see Israel and Iran in that manner that will affect the cryptocurrency community. Well nothing is impossible but I still doubt.

its probably just a psychological thing where people are afraid and thus the whole market gets affected it happened quite often, sometime the effect become the opposite too, for example when crisis hits certain country a year back if im not mistaken the market instead going up becasue people are trying to save their wealth by migrating over their investment including stocks, gold and so on which they deemed unsafe to bitcoin and it works wonder and that causes the price to rise.
as for now, there's really hard to judge what the correlatino is but expect the market to behave dynamically this time around, after all, war is always a bad thing to happen.
Just hope that peace come back and we can focus on the better thing that this world offers, for once and for all.

Essential10

full member

Activity: 350

Merit: 116

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

With the Bitcoin halving just days away we all expect bullish 2024 but just wondering how much this war will affect the rest of the year?

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

I don't think the war between the two countries will affect the fact that Bitcoin halving will enter a new bullish market in 2024. I think we are the ones promoting this issue. I don't know why everyone is explaining the fall in the value of cryptocurrencies with the attack of Iran and Israel. With only half a day left until the Bitcoin halving, Bitcoin price is slightly higher today compared to the past few days, so the market is bullish because of how the war between Israel and Iran is being issued. Before Bitcoin halving, A price drop is a normal occurrence these days, we should never despair of investing in Bitcoin around the ongoing war issue. I'm holding bitcoin like you, hoping to see a bull run at the end of the year, where Bitcoin will be reached $100K.

electronicash

legendary

Activity: 3178

Merit: 1054

Quote from: Rengga Jati on April 18, 2024, 04:50:54 PM

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

Any GFUD will definitely provide a boost to the market. Depending on how the market responds, if more and more people panic easily and engage in panic selling, then this crash condition will last even longer. But if it were the other way around, then that wouldn't be a problem. We have already faced quite the same situation in Russia and Ukraine, where both of them actually have a relationship with crypto that is bigger than this. So, if there is no excessive market response, it will be quite under control.

It's just that, usually there will be other FUD and also some other news that will make the price of Bitcoin possibly drop again after the Halving, because the miners will also sell their BTC together. But on the other hand, many people already think that the Bitcoin halving cycle will actually repeat the history. So, make sure you don't panic sell during the next crash.

this is why it's hard to assume where the market trend is going because of the halving which we all expect to have an uptrend while the technical analysis is saying the price will go down. and the war which could break out easily when those leaders are trying to impress their citizens on how they will handle this tension.

whether the halving could outweigh this tension to sustain the market because from 2023 to March 2024, we are having a good run-up.

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

With the Bitcoin halving just days away we all expect bullish 2024 but just wondering how much this war will affect the rest of the year?

I was investing when Russia first invaded Ukraine 2 years ago and the markets crashed then but that was at the bottom of the bear market - will the markets hold stronger being in bull run or will they tank if the war gets worse and will we see less of a bull run?

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

Don't forget that we still have the incoming bull run, if this war happens on a bear market, I will assumed that it will have a huge impact. But since we are in a incoming bull run after the halving, the impact might not be that huge as others have projected.

Just remember though that there is worst that happen to us, the pandemic which lock down everyone in our home and our countries suffered worst that war. Yes, people died, government tried their best to help everyone and now everything is still depleted and we still felt the effect of the pandemic and yet in 2020 a halving year, we have a breakout and then 2021's all time high. This is just a test for us and for sure we are going to pass it with flying colors again.

Rengga Jati

hero member

Activity: 2072

Merit: 656

PredX - AI-Powered Prediction Market

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

Any GFUD will definitely provide a boost to the market. Depending on how the market responds, if more and more people panic easily and engage in panic selling, then this crash condition will last even longer. But if it were the other way around, then that wouldn't be a problem. We have already faced quite the same situation in Russia and Ukraine, where both of them actually have a relationship with crypto that is bigger than this. So, if there is no excessive market response, it will be quite under control.

It's just that, usually there will be other FUD and also some other news that will make the price of Bitcoin possibly drop again after the Halving, because the miners will also sell their BTC together. But on the other hand, many people already think that the Bitcoin halving cycle will actually repeat the history. So, make sure you don't panic sell during the next crash.

Mate2237

hero member

Activity: 700

Merit: 577

Eloncoin.org - Mars, here we come!

Please can you tell me some of the reasons what the war between Israel and Iran will affect the cryptocurrency market? Because as for me I don't see any effect or the war affecting the crypto market. Are the two countries are supporting the development of the cryptocurrency ecosystem or are they investing in it? I think Russians and Ukrainians were investing in Bitcoin and that was why when the way broke out it affected the cryptocurrency market at that time because those who were investing in Bitcoin were destabilized.

But I didn't see Israel and Iran in that manner that will affect the cryptocurrency community. Well nothing is impossible but I still doubt.

andyou1234

full member

Activity: 1025

Merit: 100

PredX - AI-Powered Prediction Market

I think that will happen, based on experience when the Russian war attacked Ukraine, we saw that almost all coin prices experienced a decline, but things are different with other investment goods such as gold, the price of gold soared when certain countries were in turmoil. , maybe gold is one way to prevent friction from the amount of wealth we have, I think if we want to start investing in crypto now is the right time to start investing in crypto.

electronicash

legendary

Activity: 3178

Merit: 1054

Quote from: goaldigger on April 18, 2024, 12:24:29 PM

If this tension continues, we might see another drop and this will be the usual scenario every time there's a panic in the market regardless of the update.
If Israel decided to fight back, and declare a war we have to expect for the worst, not just in cryptomarket but also in other market.

Let's hope that other countries will not take part on this as we are aiming for a big bull run this year, though for now the correction is necessary, we might see the market to pump again right after the halving, we'll see.

from 70k down to 60k seem not a mini crash already but we are down to the oversold level in the daily chart. if it still doesn't bounce because it's all crashing despite the halving, everybody will sell hoping they can save before it dives 52k.

Quote from: Jawhead999 on April 18, 2024, 11:35:30 AM

Global tensions will definitely affect the whole market, not just cryptocurrencies. So, be prepared when bad thing happens.

The only asset that safe right now from the global tensions is gold, check https://www.investing.com/currencies/xau-usd

Based on the update, Israel seems won't take a revenge against Iran, but we can't say it's safe yet because Russia vs Ukraine and Palestine vs Israel are still concerning.

weren't they threatening to hit Iran's nuclear facilities? it's been on the news just a day ago. and then Russia also backs Iran in this fight threatening US not to help Israel. this is why it's hard for this conflict to stop since they are already committed to hurting each other.

goaldigger

sr. member

Activity: 2422

Merit: 357

If this tension continues, we might see another drop and this will be the usual scenario every time there's a panic in the market regardless of the update.
If Israel decided to fight back, and declare a war we have to expect for the worst, not just in cryptomarket but also in other market.

Let's hope that other countries will not take part on this as we are aiming for a big bull run this year, though for now the correction is necessary, we might see the market to pump again right after the halving, we'll see.

Hispo

legendary

Activity: 1162

Merit: 2025

Leading Crypto Sports Betting & Casino Platform

It could happen. I personally believe there is a posibility the conflict going on in the middle east could make investors not to feel as comfortable as they would with the cryptocurrency markets.
Usually, conflicts like this one translate into a very important increase in the price of the oil internationally.
Some investors who felt like investing in Bitcoin and Cryptocurrency in general could feel like closing their crypto positions and move their capital into the oil markets.

Anyways, I still feel there is a good enough opportunity for anyone of us to make some profits with cryptocurrency, but it would be also worth it to check on the daily news now and then, be careful on the signals of the market and how it reacts to possible escalations.

On a side note, I would not like to see further steps of the United States going into a hot conflict against Iran, it would be catastrophic for the world peace in general.

Jawhead999

legendary

Activity: 1708

Merit: 1187

DGbet.fun - Crypto Sportsbook

Global tensions will definitely affect the whole market, not just cryptocurrencies. So, be prepared when bad thing happens.

The only asset that safe right now from the global tensions is gold, check https://www.investing.com/currencies/xau-usd

Based on the update, Israel seems won't take a revenge against Iran, but we can't say it's safe yet because Russia vs Ukraine and Palestine vs Israel are still concerning.

Sayeds56

copper member

Activity: 1316

Merit: 715

Eloncoin.org - Mars, here we come!

Quote from: Bureau on April 17, 2024, 03:34:47 AM

For me I think both halving and the escalation of the war are the reason why Bitcoin price dip. If Israel hits back then we will see another big dip because that region is crucial for energy for many countries. The halving event is going to happen most probably by the 20th after that we might see a recovery if the war doesn't escalate otherwise we might see Bitcoin going to 50k level.

Basically, the having event should have positive impact on Bitcoin market as supply of new Bitcoins will be reduced to the extent of 50%, potentially boosting the price according to the principle of supply and demand, even if the demand remains same as it is nowadays. However, in case of escalation in regional tension in the Middle east, there is possibility that demand may come down drastically, in such a scenario market may crash. DYOR

Argoo

full member

Activity: 2352

Merit: 245

Quote from: Sayeds56 on April 16, 2024, 12:30:51 PM

The geopolitical events can certainly influence the financial markets including Bitcoin, however we have already witnessed the short lived negative impact on market when Iran attacked Israeli territory in retaliation of strike on it its embassy in Syria. I think the possibility of wide-spread war seems unlikely, because world is already facing consequences of Ukraine war, major powers are are likely to work towards preventing further escalation.

You forget that Russia now needs any significant armed conflict to divert attention from the war in Ukraine and, most importantly, to divert resources that were sent as assistance to this country. To achieve this, Russia also activated corrupt Western politicians and partially achieved its goal. For six months now, Ukraine has received virtually no assistance from the United States. But if a war breaks out, in which the United States and European countries are drawn in, then the Kremlin expects that they will quickly seize Ukraine. Iran is Russia's closest military ally and the attack on Israel took place taking into account Russia's military experience in Ukraine.

The state of affairs in the financial sector will depend on how much this next possible war grows. If this happens, the cryptocurrency will also suffer greatly.

Gozie51

hero member

Activity: 2520

Merit: 624

For me I don't think price will necessarily drop because of regional war. Russia and Ukraine have been on it going to two years yet bitcoin made a new ATH already. The worse that can happen is a dip just like it is happening already which is not new because it happened at the beginning of the fight between Russia and Ukraine but later price recovered. So at the moment, it will only cause slight panic and more coins will be sold at the halving but it will recover faster, this is the fourth halving so we should expect greater volatility.

Moreover, there was heavy bear speculation during COVID-19 in 2020 which is also halving year but it went higher against speculation. The 4th halving to 3.125 BTC is volatile unstoppable.

Bureau

sr. member

Activity: 448

Merit: 271

For me I think both halving and the escalation of the war are the reason why Bitcoin price dip. If Israel hits back then we will see another big dip because that region is crucial for energy for many countries. The halving event is going to happen most probably by the 20th after that we might see a recovery if the war doesn't escalate otherwise we might see Bitcoin going to 50k level.

Sayeds56

copper member

Activity: 1316

Merit: 715

Eloncoin.org - Mars, here we come!

Quote from: TastyChillySauce00 on April 16, 2024, 11:30:40 PM

The war was always greatly affecting the performance from crypto. Don't you remember when ukraine's war against russia? You can also take a look at the chart again and it will give you a small insight about how he war was able making a lot of people are feeling so panic.

It is true that geopolitical events like wars tend to influence financial markets including cryptocurrencies markets. These events can potentially contribute to uncertainty and instability, promoting investors to react and cause fluctuations in prices. Cryptocurrencies market are generally very sensitive to economic events, often resulting in volatility in their prices.

Therefore, it is important for investors to stay informed about global events and consider how they might affect their investment strategies.

rodskee

full member

Activity: 2408

Merit: 202

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

With the Bitcoin halving just days away we all expect bullish 2024 but just wondering how much this war will affect the rest of the year?

wrong , who told you that there must be a bullish when halving is near to come?
actually the market supposed to dump with this part of time and may grow back months after .

Quote

I was investing when Russia first invaded Ukraine 2 years ago and the markets crashed then but that was at the bottom of the bear market - will the markets hold stronger being in bull run or will they tank if the war gets worse and will we see less of a bull run?

another wrong , because the market starts dumping now even before the war
in Iran and Israel happens so there is no correlation at all.

Quote

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

you have just thinking too much , if you truly invested last time before the Russia Ukraine war then
you must know now what is the possibilities of you gaining after.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

With the Bitcoin halving just days away we all expect bullish 2024 but just wondering how much this war will affect the rest of the year?

The war was always greatly affecting the performance from crypto. Don't you remember when ukraine's war against russia? You can also take a look at the chart again and it will give you a small insight about how he war was able making a lot of people are feeling so panic.

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

I was investing when Russia first invaded Ukraine 2 years ago and the markets crashed then but that was at the bottom of the bear market - will the markets hold stronger being in bull run or will they tank if the war gets worse and will we see less of a bull run?

There are many possibilities to happen in this way. Things may be changing a lot for the crypto trend. We may not be seeing the big bullrun before next year. I strongly believe bitcoin may be going even lower before it will be retracing back again.

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

True and the war is still continue. It's getting even bigger since yordan may be joining in the war.

Vincom

member

Activity: 84

Merit: 32

₿itcoin maximalist

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

With the Bitcoin halving just days away we all expect bullish 2024 but just wondering how much this war will affect the rest of the year?

I was investing when Russia first invaded Ukraine 2 years ago and the markets crashed then but that was at the bottom of the bear market - will the markets hold stronger being in bull run or will they tank if the war gets worse and will we see less of a bull run?

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

I have never seen a war start with a clear announcement of intent to attack. It seems like this is just a peacetime exercise to test both UAV strike and air defense capabilities.

This event also creates a perfect excuse for market adjustments, including crypto, after strong growth over the past few months. Re-accumulation is taking place and we can expect a strong uptrend to follow. Compared to previous halvings, which are always boring periods with sideways BTC price, I think this time will be the same and we don't need to worry too much about the current market situation.

The uptrend will still come, altseason will still come, and we will still see BTC reach a price of ~150K USD in 2025 as many experts have predicted!

Mate2237

hero member

Activity: 700

Merit: 577

Eloncoin.org - Mars, here we come!

As for me I don't think this decreased of price of bitcoin and other altcoins were the caused.of the Iran attacking Israel. I don't believe that and I am not in the school of thought that it is the war that affects the cryptocurrency market price. Bitcoin halving is just few blocks to hit the halving so are we expecting the halving to be as the all Time High?

Although USA is also involved and other world powers but that can't affect the cryptocurrency. Has the war affects Nigeria economy? No and Bitcoin or altcoins are digital currencies. Though Russian and Ukraine war started before I joined forum and when I came here they were saying that the war affects bitcoin but I didn't see any effect.

GeorgeJohn

hero member

Activity: 1498

Merit: 711

"Play Poker on Telegram"

Sometimes when there is a fight between a two countries that is well known it can affect the existence of Bitcoin increment in the market, because if it is a country that adopt a cryptocurrency especially Bitcoin and sub Bitcoin it can really affect their price in the market so this two countries that is into fight currently I can say that these two countries does not really Embrace the systems of Bitcoin and their problem cannot affect the price of Bitcoin except theirs something else that will be attached to it.

Wexnident

hero member

Activity: 2576

Merit: 666

I don't take loans, ask for sig if I ever do.

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

With the Bitcoin halving just days away we all expect bullish 2024 but just wondering how much this war will affect the rest of the year?

I was investing when Russia first invaded Ukraine 2 years ago and the markets crashed then but that was at the bottom of the bear market - will the markets hold stronger being in bull run or will they tank if the war gets worse and will we see less of a bull run?

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

It will definitely affect it but personally, I don't think it's going to be a limiting factor. There are definitely a lot of weak hands in the market that are concerned with crypto and sold when the attack happened, but considering that we only dropped idk, 5% or so, I think it's better than before really, at least compared to when Russia and Ukraine started a war.

Honestly don't see the market dropping to 50k unless the current situation blows up to a full-scale war, which I hope it doesn't.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

With the Bitcoin halving just days away we all expect bullish 2024 but just wondering how much this war will affect the rest of the year?

I was investing when Russia first invaded Ukraine 2 years ago and the markets crashed then but that was at the bottom of the bear market - will the markets hold stronger being in bull run or will they tank if the war gets worse and will we see less of a bull run?

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

As you have remembered when the Ukraine and Russia started their war, the market has just been the same. And also with the covid 19 pandemic, it was the start of the bull run. The same season and I am not expecting that there will be heavy damage to the crypto market with this another war but these countries should stop as we've got had enough with all of these attacks and missiles that are flying on the air and the panic that these wars are causing us.

Belarge

full member

Activity: 448

Merit: 94

Eloncoin.org - Mars, here we come!

Quote from: btc78 on April 16, 2024, 09:13:15 AM

Personally I don’t think so.

Firstly, I don’t think the attack of iran to israel primarily caused the drop in bitcoin. Though I do see how a lot of people can think that way. Unless we see a full blown war break out I don’t think the bitcoin price will be heavily affected.

We can easily be affected based on the trending headlines we watched on news and also panic. In bear and bull season, always stay on a safer side and engaged in projects that will be doing the counting of huge figures. The market can either work in our favour or against us which will results in heavy losses. Bitcoin will definitely make a rebound pump due to the incoming halving happen in few days from now. The clash between Israel and Iran have no possible links with the slight fall of bitcoin.

Sayeds56

copper member

Activity: 1316

Merit: 715

Eloncoin.org - Mars, here we come!

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

With the Bitcoin halving just days away we all expect bullish 2024 but just wondering how much this war will affect the rest of the year?

I was investing when Russia first invaded Ukraine 2 years ago and the markets crashed then but that was at the bottom of the bear market - will the markets hold stronger being in bull run or will they tank if the war gets worse and will we see less of a bull run?

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

The geopolitical events can certainly influence the financial markets including Bitcoin, however we have already witnessed the short lived negative impact on market when Iran attacked Israeli territory in retaliation of strike on it its embassy in Syria. I think the possibility of wide-spread war seems unlikely, because world is already facing consequences of Ukraine war, major powers are are likely to work towards preventing further escalation.

Kelward

sr. member

Activity: 518

Merit: 317

Quote from: btc78 on April 16, 2024, 09:13:15 AM

Personally I don’t think so.

Firstly, I don’t think the attack of iran to israel primarily caused the drop in bitcoin. Though I do see how a lot of people can think that way. Unless we see a full blown war break out I don’t think the bitcoin price will be heavily affected.

Bitcoin price has started to dip before the Iranian attack on Israel, although the news might have dippened the price, but the point is that the attack didn't start it. If the conflict leads to a full blown war, which I don't wish, I think that it will affect Bitcoin price negatively in this bull run, whereby we can experience more dip, but just like other global news will affect it, it'll be temporary, price will correct itself and the bull trend will continue.

electronicash

legendary

Activity: 3178

Merit: 1054

we may see all these differently because of the situation. on one hand, war affects everything, especially in the region where gas and oil can affect the prices while on the other hand, BTC is about to have the halving.

there has got to be a reason for you not to sell and just hold on to your BTC but there is also a reason to sell when this war escalates. we're just about to find out when all hell breaks because Israel is not a country that won't be able to fight back. they have serious firepower.

jrrsparkles

sr. member

Activity: 2436

Merit: 272

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: JamesDaniel90 on April 16, 2024, 08:09:25 AM

With the Bitcoin halving just days away we all expect bullish 2024 but just wondering how much this war will affect the rest of the year?

I was investing when Russia first invaded Ukraine 2 years ago and the markets crashed then but that was at the bottom of the bear market - will the markets hold stronger being in bull run or will they tank if the war gets worse and will we see less of a bull run?

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

Apart from the bear and bull price cycle, any incident that affect the world's economics will have an effect on crypto prices as well. If there is a war broke out it will result into sudden dump but we can expect faster recovery on cryptos than the traditional assets, so even if you invest now there is better chance that you will end up profits unless the war turns into big and changes the entire dynamics of geopolitics.

KingsDen

legendary

Activity: 1092

Merit: 1024

Goodnight, o_e_l_e_o 🌹

Quote from: Yogee on April 16, 2024, 08:50:45 AM

We already have a precedent of what could happen when a war breaks out as what we've witnessed in the Russia - Ukraine. BTC was on the way to recovery if I remember correctly but it fell down sharply when the war broke out.

The market seems to be holding the line after Iran joined but I don't think we've seen the full extent of the regional conflict yet. The worst case scenario is other Islamic countries joining to fight Israel and its Western allies.

Irrespective of the timing of any war (during the bear or bull market), I think that bitcoin price has a way of directly responding to the happening in the economy. If the Israel and Iran war increases tempo for a long time, it will affect the bull run. Maybe not to a larger extent but it might stunt the progress of the bull run. I haven't seen any major war that didn't have any impact in bitcoin price and this will not be a difference.

btc78

full member

Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

Personally I don’t think so.

Firstly, I don’t think the attack of iran to israel primarily caused the drop in bitcoin. Though I do see how a lot of people can think that way. Unless we see a full blown war break out I don’t think the bitcoin price will be heavily affected.

Yogee

sr. member

Activity: 1554

Merit: 413

We already have a precedent of what could happen when a war breaks out as what we've witnessed in the Russia - Ukraine. BTC was on the way to recovery if I remember correctly but it fell down sharply when the war broke out.

The market seems to be holding the line after Iran joined but I don't think we've seen the full extent of the regional conflict yet. The worst case scenario is other Islamic countries joining to fight Israel and its Western allies.

JamesDaniel90

member

Activity: 770

Merit: 30

With the Bitcoin halving just days away we all expect bullish 2024 but just wondering how much this war will affect the rest of the year?

I was investing when Russia first invaded Ukraine 2 years ago and the markets crashed then but that was at the bottom of the bear market - will the markets hold stronger being in bull run or will they tank if the war gets worse and will we see less of a bull run?

The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.

Topic: Israel vs Iran - Will this limit the coming bull run? (Read 250 times)