As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
This is just a theory and no way to prove this one aside from having a real war. Well, lets not hope for this one and lets hope that bitcoin will go up even if theres no war. The price is pumping again, this is just an speculation but i also think bitcoin moves before because of the tension in the middle east. Bitcoin might be safe for them thats why they are coming in, or whales can also be the reason of the pump.
I also hope that bitcoin will increase without war which is then associated with cryptocurrency. For me personally it is true that the tension in the middle east and then the rising price of bitcoin could be a reason, but for me it might just be a coincidence and not because of the riots that occurred in the Middle East.