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.
But look what happened -- it bounced back and is now trading at $105k. That just proves there’s nothing to worry about. Bitcoin can stand through tough times, and in fact, it’s something you can actually trust with your investment.
I wasn't worried at all. It's the first time in the history that we've seen Bitcoin get to $100k and with the war happening, I think if just some few dips would happen then most of the people that awaits for a better price will buy. We've got one huge correction already that has happened and if that will be repeated, most are going to buy once again and it won't be taking that long for the price to recover. We've seen it coming when the war has happened between Iran and Israel, they are in a ceasefire and Bitcoin recovered well.
If you have been here for years, and have witnessed how bitcoin price gradually recover after going into its dips, you will never be worried at all. You know how flexible and resilient bitcoin is, so there’s actually no need to worry then.
However, seeing bitcoin still survived from the latest war isn’t surprising for me. Even if US will be greatly involved, still bitcoin will eventually recover after a series of correction. That’s the potentials of bitcoin that other coins are lacking. That’s why bitcoin keep dominating the market, because it’s only bitcoin that is capable to do that, the rest cannot be trusted at all.