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Author Topic: Bitcoin spikes above $40K as potential ‘positive shifts’ arise between Russia and Ukraine  (Read 316 times)

Offline newshunter

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Bitcoin spikes above $40K as potential ‘positive shifts’ arise between Russia and Ukraine

Bitcoin shows its penchant for peace once again as hope of a quicker end to hostilities sends BTC price action over $40,000.


Source: Bitcoin spikes above $40K as potential ‘positive shifts’ arise between Russia and Ukraine

Would appreciate your opinion about this

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Offline cheezcarls

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Bitcoin spikes above $40K as potential ‘positive shifts’ arise between Russia and Ukraine

<p style="float:right; margin:0 0 10px 15px; width:240px;"></p><p>Bitcoin shows its penchant for peace once again as hope of a quicker end to hostilities sends BTC price action over $40,000.</p>

Source: Bitcoin spikes above $40K as potential ‘positive shifts’ arise between Russia and Ukraine

Would appreciate your opinion about this

Nothing is guaranteed here. Trends like this could be a reason of BTCs rise to $40k, but we just don’t know if that’s really the real reason. And I don’t trust Russian government’s intentions of peace talks. Like for instance, they wanted to have a ceasefire in Mariupol for allowing the citizens to evacuate. However, Russian soldiers have violated the agreement and continue to shelling the city and kill innocent citizens (especially hospitals).
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The Russian government (Putin) has amply demonstrated that it is lying every time it says it won't do something, after a short time it ends up doing it. I don't know finally what the Russian government's intentions will be regarding cryptocurrencies, but I think that now that may be in the background. What is clear is that not even Putin can end cryptocurrencies with his acts of war. The accumulation phase continues and that is undeniable, we will see how long it lasts until the crypto market goes back up.
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