Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin will move up if there is a war with Iran
by
joelsamuya
on 05/01/2020, 09:14:00 UTC
Seeing the world economic conditions, will bitcoin move to all-time high if there is a War with Iran? Oil and gold prices are already up within last few days. Will Bitcoin will be next?

One of the many effective things that can push the price of Bitcoin is uncertainties in the face of turmoils or conflicts. When there is that assumed and real higher demand for anything then there is a big chance that its price will b jacking up. However, this can be short-lived as there is actually no big war that will be occurring between the USA and Iran. These countries right now are very careful not to go into a major conflict with each other. The time is not yet right for that and I am sure that both parties are aware of this. USA is just projecting its power and using available resources to counteract anything it is perceiving to be threat.