Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.
People have been investing in bitcoin before the war started, I don't think they will be able to stop even if the war continues or stop. Although trying to invest now is to your advantage, now the Russian is accepting bitcoin as payment in exchange for their oil and gas purchase. Am expecting to see the ATH of bitcoin this year because the market is about to soar.
The market is open for everyone to invest in. Invest if you have the fund, don't allow FOMO to make you invest when you are not up to it.
The price of BTC has been growing, a few weeks ago it was at $36k and since things have been improving with Ukraine and more defense is seen, the price of BTC is much higher, there is talk of $44k-$45k, it is likely that continue to grow as long as the conflict between Russia and Ukraine does not continue to escalate. Investors are seeing more safe haven than fiat money itself. One of the biggest investors like Warren Buffet says and affirms that it is better to have an investment in gold and not in dollars, that it is a mistake to have an investment in dollars, this means that it is a great time to buy and have some BTC, because it can that an important movement is about to happen and it is better to have the money well protected.
I would not attribute any defensive victories in Ukraine with immediate impacts on Bitcoin's price. The global economy is still disrupted, and the two major economies in the world (U.S. and China) are looking towards steep economic declines. The damage of the war is already done and won't be remedied until at least 2025, and that's if the war were to resolve itself by the end of the year. It wouldn't be unlikely for this war to last over a decade -- you can look towards the middle east for an idea at how these wars usually go.