Are you also hearing of the threats that this war may lead to WW2? As news flies, the IS government under Donald Trumps regime is supporting Israel and the Islamic Parliaments and the Iran allies are also throwing stones in coverage of fighting back?
All of that has contributed to disability of the economic system and it has verily affected investors plans on buying of bitcoin. Infact, it has caused discouragement of bitcoin liquidations.
So you must note that there're key elements that influences the price of bitcoin. There're also events that encourages buyers to buy bitcoin which at this time is a bad one for most enthusiasts because, they're all reacting according to the economy conditions which is caused by the ongoing war.
In the bitcoin market you call that emotional sentiments.
Yes, I do but I think that wasn't WW2 but rather it is WW3. Even though there some evidences already, I still hope it won't escalate further as that sounds scary. As for now, I think economic system still functions at most.
If there are people that can be affected of buying BTC, they can be the people living under those countries where wars are currently happening. They can't sell as well but others outside them still can, resulting for us to see some declines. Actually, this is one of the events where people are encouraged to buy a BTC because BTC is from a different dimension. So, it can only be affected less or won't be affected at all, negatively.