Quote from: pooya87 on Today at 02:00:34 PM

Quote from: Pandorak on Today at 07:40:17 AM

In reality, there are many factors that affect the price of Bitcoin, if you look at the fundamentals there are global economic factors, inflation, investor sentiment, ETC.

Exactly. There are too many things affecting bitcoin price these days, specially the global economic situation. Some political instability on the other side of the world doesn't even make the top 10 in that list.

And even during the height of pandemic, Bitcoin is really not that affected, the decline is short term and overall in 2021, even if the borders are crossed we still go to a new all time high. So it means geo-politics like wars or what we are seeing right now, or global and financial issues will have an impact but it's short term only. So we should be better than thinking that Bitcoin price is not going to recover.

Remember that we are still just in the second month of the year. Maybe we are just expecting too much when Trump won the election and thought that the market will continue to go up. But that is not that case, maybe this is just one month that we might see the price in red, but the rest could be break even or prices going up and could be pushing a new all time high.