Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin save us
by
betswift
on 08/10/2024, 07:15:59 UTC
bitcoin affects real money, it can be seen from the transactions, it can also be seen from the increasing number of bitcoin enthusiasts, but at the end of 2021 the price dropped from 800 million to 266 million, and that was when bitcoin's era shone again until its price rose to 1 billion. it's really amazing, now it's up and down but the changes aren't very big.

Everything is related and interconnected. Try to pay attention to the behavior of players in the market if there is an issue that makes their investment value unsafe, they will immediately liquidate it and switch to other options that are considered safer and more comfortable.

The impact of geopolitical issues, for example in the Middle East which is currently happening, is also one of the factors that can slow down the increase in BTC prices, for example, what recently happened in the Kavir desert, if I'm not mistaken, two days ago with a new test record.

Yeah, I heard about it too, and it will affect the market to some extent, but that's such an event that, the market will bounce back in no time, in my opinion.
Big institutions would use this opportunity to get better positions for themselves.