Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Reaction to Economic Effect.
by
Alpha Marine
on 03/07/2025, 12:14:12 UTC
I think Bitcoin is already immune to bad news that usually affects the economy.

"Immune" is not the word I would use, but yeah, people no longer panic as they used to with Bitcoin. If it was 5-6 years ago that a war broke out between Iran and Israel and the US got involved and forced Iran to retaliate on a US military base in the Middle East, Bitcoin would have plummeted, but this time it didn't do that, but to say it is immune is false. Bitcoin dipped when Trump tariff issues were at their peak, and the stock market turned red, so that means it's not immune.

I started noticing this when the German government sold about 5000BTC. If it were in the past, the market would have panicked and would have seen a lot of people selling off their BTC or converting it, which would have dragged the price down even further, but it didn't dip that much, and it corrected much quicker than I anticipated. People now have more trust in Bitcoin.
Or we can be totally wrong and it may just be because we are in a bull run, and people are just expecting a very high ATM this time around.