Quote from: Helpme_please on April 27, 2022, 06:14:52 PM

Quote from: Tony116 on April 27, 2022, 03:37:23 AM

Quote from: ItsCrafty on April 27, 2022, 12:43:25 AM

When you see many positive news enter into market and no bad news and also stock market are stable then it's start of bull market. Firsts you will see BTC price will go up and then little correction and then you will see a full bullish trend in Altcoin. For now there is no sign of bullish becauseany negative news in market with high inflation rate and Bitcoin is also struggling.

I also noticed a correlation between the stock market and the crypto market. Yesterday, the stock market had a bad day all in the red, and cryptocurrencies also plummeted. Without any good news coming out, a lot of negative news surrounding the war between Russia and Ukraine affects the global economy. So we shouldn't expect too much from a green market right now.

War sentiment still be main trigger at this moment, alot worry about supply chain and its effect to economy if war continue for long term. in finance market same fundamental could influence several market and its should be our concern to learn it. maybe if this war ended and world become peace again , supply chain that influence inflation become normal maybe bitcoin price could recover again.

The war is no longer between Russia and Ukraine but it has spread now the war between US and Nato and Russia is causing serious consequences for the global economy, along with China's zero covid policy, the world's largest factory also affects the global supply chain. Really only when this war is over can things go back to normal and we can expect bitcoin price to rise again.