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Topic: ukraine battlefield bear market - page 3. (Read 448 times)

copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
February 18, 2022, 02:07:09 AM
#4
I don’t think you could really classify that the Bitcoin’s price is related to the event of Ukraine and Russia. I like is there a major sell-off between the two countries? Is there even a way to verify that it came from there?

Anyway OP, do you have any research articles that have this kind of approach or subject?
legendary
Activity: 3472
Merit: 10611
February 18, 2022, 02:03:45 AM
#3
Have you never looked at the charts before? Cheesy

a bear market
bitcoin continues to decline
the bitcoin price keeps dropping
You either don't know the meaning of these words or you are confusing fluctuations with "keep dropping". Bitcoin would have been in a bear market and you could have called the price "keeps dropping" if it went to $40k then $30k then $20k then $10k. But when it dropped to $30k then came back up to $45k then $41k, this is not called a "bear market" or referred to as "keep dropping".

There was a drop and it ended more than 2 weeks ago and price is not recovering from that drop. The $4k drop after a $15k rise is not actually a drop, it is more like a correction before next rise.
legendary
Activity: 1372
Merit: 2017
February 18, 2022, 01:56:52 AM
#2
As we know at the end of 2021 the price of bitcoin decreased due to entering a bear market because of the new year.

Nonsense.

But now bitcoin continues to decline again due to Russia's war with Ukraine.

I would almost say this is nonsense as well but I'll leave it at there is no proof of that alleged causal relationship.

In your opinion, is this the reason the bitcoin price keeps dropping, sometimes it goes up and sometimes it goes down again.

I would say that after last year's failed predictions, no one is quite clear why the price is behaving the way it is. The possible war may influence in the short term but we don't know if it is going to influence it up or down.

Because there is a new issue that says that there is no war between Russia and Ukraine but the American mind.

What? I don't understand you.
full member
Activity: 686
Merit: 100
February 18, 2022, 01:43:18 AM
#1
As we know at the end of 2021 the price of bitcoin decreased due to entering a bear market because of the new year.
But now bitcoin continues to decline again due to Russia's war with Ukraine.
In your opinion, is this the reason the bitcoin price keeps dropping, sometimes it goes up and sometimes it goes down again.
Because there is a new issue that says that there is no war between Russia and Ukraine but the American mind.
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