Crypto is a stock market and also it can be affected by some wars and pandemic like situations. So I will say that Currently going wars with Gaza ( PALAESTINE) and Israel War. In long term situation and as there are high chances of spreading of war to whole middle eat. Will bitcoin market go on crash mood because last time was coronavirus.
What are your thoughts?
I think that could be the reason of crash.
I think if the war between Palestine and Israel gets more difficult day by day, there will be a lot of pressure around the world. And if two factions of the whole world are formed for these two countries, then there is definitely a possibility of a world war and many people will die in it. Accordingly, we can say that the crypto markets may be affected somewhat downwards, as we saw the Bitcoin market crash during the COVID-19. If the war between these two countries continues and the situation becomes more dire, there is a possibility of becoming a bigger war. When this situation takes a turn for the worse, many economic and various aspects worldwide will begin to suffer and this may affect Bitcoin. I also think that when the situation worsens with a global war between these two countries, there is a high possibility of a Bitcoin market crash.