Post
Topic
Board Speculation
Re: Bye Bye Bear Market :)
by
Lanatsa
on 26/11/2023, 15:51:50 UTC
I agree that the war between Israel and Palestine seems to be getting hotter. We hope there will be a good resolution to this, because the war will have a big impact on the economy.
The market can change very quickly depending on the news released, remember the crypto market is very vulnerable to news, both good and bad.
I don't know whether the war between Palestine and Israel can affect the impact of the crypto market, even though it has had an impact on the economy because of the boycott of one of the companies, their share prices fell by 40%, but I don't know of any news sources linking the impact of the war on Palestine and Israel could influence the crypto market.

I think the current trend news is looking forward to the halving period next year, they are optimistic that the market will increase to reach a new ATH price.
Kind of news could make out some impact but the severity cant really be that determined whether if its the reason or not on such decline. There's no way that we could be able to determine whether it is really that something relevant or not. Economic news something like this could definitely be bothersome and to those who had been here on this market for a while now pretty sure do knows on what they would gonna do.
Sometimes it do make out some effects but most of the time it would really be totally random.

Usually the news and sentiments that could really affect this market is into those news that do talks about ETF approvals or something that it is really that related to
banning or regulations issues on which it do definitely make out such impact. Trying to look for example with the recent CZ situation or issues on which
it did make some impact but only BNB did have that kind of effect into its price but not on BTC which we can say that not all the time
news like this correlated to crypto wont really be giving impact from time to time. So its your call whether you do take a up decision or not.