Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Survives the War Scare
by
Botnake
on 29/06/2025, 23:48:37 UTC
What’s happening right now doesn’t really affect Bitcoin. I’ve seen a few threads saying the current war between Iran and Israel, plus US intervention, could cause the market to collapse. And yeah, it kinda looked like it was going that way when Bitcoin dropped below $100k.

I think it truly affected by not on a significant effect, because after the fall last week, the market has been rising back to this time as if it never fell, we only have to aligned to the fact that some of the events of the breaking news only have some little or short time impact on  the market and not a long one, they are the reason behind some of the market shock we do have and those that are not careful on this stages may only fall a victim of missing out on the opportunity of buying or selling after the sudden shock.
I guess all of the breaking news that are bound to affect bitcoin will only have temporary effects on bitcoin. Because eventually, bitcoin still moves on its own leading the market again, since that’s how bitcoin is made for.

However, since not all bitcoin investors are firm enough to continue hodling, some end up becoming weak hands and totally lose control of their emotions and decide to sell even at a loss.