Quote from: Issa56 on Today at 10:15:23 PM

Quote from: lexinexi on Today at 09:05:45 AM

I cant keep up with the news the last bomb shell was trumps terrifs and btc went to 75k, . Are US investors saying this could be bad for the american stock market so last buy crypto: so it will be good? Or will the traders say btc and when I say btc I mean all coins, that when the nyse is too linked to bitcoin and even though bitcoin is country less but seems US drives the price. You can see when this administration is insider trading. Always a day late so we pick up the tab when they pump and dump.

Bitcoin is currently trading at $99k I will say the cause for bitcoin sudden drop in bitcoin price is mainly due to the attack that United state of America launched on Iran. I expected bitcoin price to drop if the United state publicly involve themselves in the war, and they just launched three Bombs on Iran.

I will say the dump that just happened is an opportunity to accumulate more bitcoin, and other coins at cheaper price, we all can see how altcoins are bleeding right now, so whenever putting your money in altcoins, you have to be careful. We might still experience more deep, because we don’t know how Iran are going to respond, but if their is more dip, just keep on accumulating more bitcoin, and make sure you are using DCA strategy, with time bitcoin will bounce back, and people that accumulate now will be in profit, but I will say nobody knows when bitcoin will bounce back, it’s might take some time, so just keep on holding.

Well, that could be the reason maybe because when US get to involved in any event, bitcoin price seems to get easily affected. But so far, there is no profound influence that can be seen from bitcoin, the current price drop just seems a normal one.

However, we can’t predict then what will be next moves of bitcoin when this Iran finally responded. I don’t want to make an exaggeration but I can sense that the current war will definitely create an impact to the different countries in the world, that is if there are brave countries who want to make an intervention.