Original archived Re: Seems like the market is impacted by Israel-Iran situation...
Scraped on 18/06/2025, 17:17:39 UTC
It is time for another downtrend for BTC?
What is everyone thinking about the current situation.
There is an about zero chance markets will not be affected by events as big as a full out war. Bitcoin is no different. Humans are looking for safety and safety can mean multiple things. It can be Bitcoin, as safety against inflationary assets. It can be selling Bitcoin for USD to purchase things that may be necessary in the situation of a larger scale war or other catastrophes. Or it can be any thing else.
Of course there will be a 'downtrend' when events that negatively affect the entire globe happen. Are you expecting hype with all these tensions? After all, what is the point in becoming a multi millionaire if the end is near.