A month got over on war between Ukraine and Russia. Here I would like to point out things that happened with bitcoin during this time period.
- The market was moving around $39k and on the sudden invasion of Russian force into Ukraine the markets crashed close to $35k.
- Coinbase paid a hacker $250k for saving a billions worth cryptocurrencies. If this has happened the market would've turned downwards further.
- Western Nations decided to cut off Swift from Russia.
- Once again eBay came with the plans of accepting bitcoin as payment, but this has been a story for long years.
- Sanctions made over Russia and this time US asks cryptocurrency exchanges to follow the same rules of sanctions. The same is being requested by the Ukraine Vice Prime Minister.
- Russian people started to use cryptocurrencies as a way to overcome the sanctions.
- Visa and MasterCard stopped their services in Russia.
- Women's Day event took place around the globe with different surveys detailed the increase of women into cryptocurrency.
- Biden Signed the Crypto executive order which made the market progress to small extent.
- A bitcoin address holding 489BTC got active after a 11.4 years.
- Elon Musk made a tweet of holding bitcoin and ethereum, mentioned he won't sell it. This time his tweet didn't made any impact on the market.
- Official announcement on receiving donation in terms of cryptocurrencies were posted by Ukraine Government. Until now more than $65million received.
- Ukraine's President Volodymyr Zelenskyy signed the law to officially legalize cryptocurrency.
- Crypto.com is now an official sponsor for the FIFA.
Even more incidents took place during the same time period. If something to be added please post it, I'll add to the list.
Do you think that all these events are responsible for the bitcoin price movements ? I don't think that bitcoin sole depends upon the fundamentals. These are only the news which the whales and institutions takes in combination of lots of other factors to derive the market in certain direction. The mission is always the same, whales/institutions and exchanges to make more money from the retailers.
Here this confirms to me that what I have read in the books is what is real, firstly a fundamental to move the market, secondly to move the market you need whales / strong hands, and thirdly manipulate, but manipulate the emotions of people, with the panic or with the emotion of buying, and that is only achieved through the media, and since we have so many tools so popular that a simple influencer of a statement so that the mass ends up buying or selling According to the advice of that influencer, I think that in these times things move that way, what remains to be thought is that what is referred to as manipulation is now easier.
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Well, that's how you say it, yes, and it should be, that is, the person who kept her unemployed for that period of time must have a large amount of money by now, surely her life has already been totally fixed, which What remains for that person or those people is to ask God to give them a lot of life and health so that they can enjoy at least a part of all that money.
Of course it is a supposition, if a person kept it in that period without extracting them, at this time he would not do it, he would expect the price to grow more, if he waited more than 12 years, it is difficult for him to wait longer until it rises to more than $100k?