The effects of the geopolitical tensions on BTC, ETH and other cryptocurrencies

[bhadz]

These wars are significant to Bitcoin and crypto. Just try to remember the covid-19 time, when many mostly thought that it's going to put a huge drop for Bitcoin's price but it didn't. And then by next year of it, the market ripened up and reached another all time high. It might be a different thing as a pandemic and a war but you'd see that these events really triggers the price of Bitcoin. And instead of seeing a huge dump, we only see it happen during the bear market but then, the bear market on the 2020's seems not that too huge anymore. We'll see it on 2026.

[Azharul]

It seems the market shock caused by the increased tension in the middle east has already been absorbed as BTC is up to $62K. This is to be expected but it's much faster than what I had anticipated. If Iran starts sending new rounds of missiles or if Israel invades them, crypto prices will most likely swing again.

Issues like this are indeed very easy to affect the crypto market. and in just a few hours it can drop drastically. It's just that, indeed on various occasions, this is something that is awaited by holders who make purchases at lower rates. At least, they can get a cheaper price. but of course, this also has its pluses and minuses, especially for short-term holders or traders who want to take profits but have to wait for the market to improve again in a time that may be quite long.

for those who have large capital can take advantage of this, because they can buy at a lower price. when iran attacked israel we saw the market swing until the bitcoin price dropped to 58K, then back to 62K, I thought it would last a long time it turned out that the bitcoin price recovered. We do not know the continuation of this war, because there could be another attack from iran or vice versa israel will retaliate and we will see the bitcoin price will drop again and if this lasts a long time, we should forget about ATH this year.

I think that you could express your best comment in this post. So i am also agree with your comment. We know that geopolitical tensions must be effects in BTC, ETH and many others crypto in cryptocurrency market. I also believe that if iran and Israel war held in this time, it will be best losses for bitcoin and others crypto currency. Because we also see that Russia and Ukraine war could be effect from bitcoin price. So it’s true that if geopolitical tensions will held then then bitcoin and others crypto currency will be face in down.

[Captain Corporate]

While people think there is a huge one, the reality is we do not have all that much at all. We are not at a point where we can see how this could change or get better, we are seeing how this is just a temporary thing for crypto in general. I believe we are going to end up with a lot better results eventually even though wars continue. I mean we went from bear market to bull market while Russia and Ukraine are still at war, so this is proof enough on how people do not care except the initial few days. This means no matter where the war happens around the world, we are not going to see bitcoin be impacted more than the initial reaction to it.

[bayu7adi]

in my opinion, the conflict in the middle east is not the main cause of the current price change... we know that the current BTC price has proven to be recovering so that we can see an increase of almost 10%, even though the Iran Israel conflict has not ended yet...

that's why I can conclude that the conflict may not be the main cause of the bitcoin price correction yesterday.... and for those who are short BTC, they may be restless right now because the BTC price is not dumping...

[bitterguy28]

I believe we are going to end up with a lot better results eventually even though wars continue. I mean we went from bear market to bull market while Russia and Ukraine are still at war, so this is proof enough on how people do not care except the initial few days. This means no matter where the war happens around the world, we are not going to see bitcoin be impacted more than the initial reaction to it.

i agree that most people just react based on their initial shock i am guessing it is more of a response to seeing that a war started but the direct effects of said war does not really impact bitcoin that much maybe a little it does because there might be bitcoin enthusiasts as well in those countries at war but for the entire market to crash during a war? it’s not going to happen unless all countries are collectively in wars at the same time

[enoch_from_off]

I believe we are going to end up with a lot better results eventually even though wars continue. I mean we went from bear market to bull market while Russia and Ukraine are still at war, so this is proof enough on how people do not care except the initial few days. This means no matter where the war happens around the world, we are not going to see bitcoin be impacted more than the initial reaction to it.

i agree that most people just react based on their initial shock i am guessing it is more of a response to seeing that a war started but the direct effects of said war does not really impact bitcoin that much maybe a little it does because there might be bitcoin enthusiasts as well in those countries at war but for the entire market to crash during a war? it’s not going to happen unless all countries are collectively in wars at the same time

Even though there may be a bit of fluctuation here and there, BTC would still rise up again, it's a matter of time, not a question of "if", in my opinion.

[ZAINmalik75]

In the last 24 hours, Iran and Israel have been exchanging mass destructive and explosive shootings and that have affected the price of Bitcoin, Ethereum and other coins. Bitcoin have slipped to $61k which was a little over 2% of the price 72 hours ago while Ethereum also recorded over 5% reduction in price. Just like the mother coin BTC and ETH have been affected, the crypto market have been largely affected by the ongoing war between these two countries.  Do you think the recent events is going to significantly affect the predicted bullish rise in crypto market this month of October and the rest of the year?

At first I thought it will affect the price of BTC in October but now BTC is going up and improving daily which is a good sign and now the war is not a hot topic even if it's still ongoing and Israel is continuously not targeting Iran only but Lebanon and other parts of Gaza too.

Sadly this war is not coming to any peaceful solution now the end of this war seems to be the end of one party.

The impact of geopolitical tensions on market doesn't stay for too long and fades away with time as the war becomes the a usual thing on the internet the panic and the hype reduce and people start to investi n crypto again.

[Celph]

A topic of concern relating to this matter is the ongoing iran amd isreal conflict  which has really sent shockwaves throughout the cryptomarket.
Truthfully,it's being a wild run for Bitcoin and other cryptocurrencies which is really noticeable in the charts.Geopolitical tensions basically are running high at this period.
While personally, I think this conflict highlight the potential of the cryptocurrencies as a hedge against traditional assets classes.
The conflict has introduced alot of uncertainty and confusions into the market. We've seen cryptocurrencies prices flunctuating widly and investors getting nervous with all this activities.
While in terms of specific cryptocurrencies l,bitcoin has been holding it's own while other cryptocurrencies like etherum and other altcoin are experiencing more votality which i think part of the cause is relatingto the current conflict between iran and isreal
Now,my fear is that after this conflict,the government might impose new rules or sanctions on cryptocurrency transactions which could impact the market greatly.
What's your thought on this?

[electronicash]

I believe we are going to end up with a lot better results eventually even though wars continue. I mean we went from bear market to bull market while Russia and Ukraine are still at war, so this is proof enough on how people do not care except the initial few days. This means no matter where the war happens around the world, we are not going to see bitcoin be impacted more than the initial reaction to it.

i agree that most people just react based on their initial shock i am guessing it is more of a response to seeing that a war started but the direct effects of said war does not really impact bitcoin that much maybe a little it does because there might be bitcoin enthusiasts as well in those countries at war but for the entire market to crash during a war? it’s not going to happen unless all countries are collectively in wars at the same time

its because of the media. normally if these news is back in early 1900, they are already seeing this as the WW2. its obviously WW3 but the media is downplaying it.

its just allies fighting each other and measuring because everyone is gauging its limit and not trying to trigger anyone into activating their nukes. but because the war is a little bit of middles east, and then little bit of Ukr vs Russia.  but they did tried to kickstart the war in China vs Taiwan. China is just better in its strategy not to let the US go into the Taiwan straight but this could get worse since they are losing the chip war.

once oil rigs and nukes are bombed, everybody will just be in hiding under their bunkers, mostly will sell.

[Rubel007]

These wars are significant to Bitcoin and crypto. Just try to remember the covid-19 time, when many mostly thought that it's going to put a huge drop for Bitcoin's price but it didn't. And then by next year of it, the market ripened up and reached another all time high. It might be a different thing as a pandemic and a war but you'd see that these events really triggers the price of Bitcoin. And instead of seeing a huge dump, we only see it happen during the bear market but then, the bear market on the 2020's seems not that too huge anymore. We'll see it on 2026.

Yes, you are right, Bitcoin price played a more positive role during the period when there was the most anxiety about the Bitcoin price. Bitcoin has become even more positive during the Covid-19 pandemic, despite a major deterioration in financial institutions across the world. This past experience is helping to create a largely positive outlook among investors today. Although there are temporary problems with Bitcoin or cryptocurrency due to various political reasons, it is not a problem in the long run. Bitcoin will run at its own pace. Moreover, many people always make big plans about the market, that's why if you can trust it in any situation, then the possibility of profiting from Bitcoin is high.

[Hisbullah]

These wars are significant to Bitcoin and crypto. Just try to remember the covid-19 time, when many mostly thought that it's going to put a huge drop for Bitcoin's price but it didn't. And then by next year of it, the market ripened up and reached another all time high. It might be a different thing as a pandemic and a war but you'd see that these events really triggers the price of Bitcoin. And instead of seeing a huge dump, we only see it happen during the bear market but then, the bear market on the 2020's seems not that too huge anymore. We'll see it on 2026.

Yes, you are right, Bitcoin price played a more positive role during the period when there was the most anxiety about the Bitcoin price. Bitcoin has become even more positive during the Covid-19 pandemic, despite a major deterioration in financial institutions across the world. This past experience is helping to create a largely positive outlook among investors today. Although there are temporary problems with Bitcoin or cryptocurrency due to various political reasons, it is not a problem in the long run. Bitcoin will run at its own pace. Moreover, many people always make big plans about the market, that's why if you can trust it in any situation, then the possibility of profiting from Bitcoin is high.

The profit that will be obtained from bitcoin investment is very high if we buy it during a bearish period and hold it until the bullish season, that's what I've been doing following a 4-year cycle.
During the Covid-19 pandemic, I also focused more on trading in crypto because the office was locked down and we worked from home.

[Axcel777]

These wars are significant to Bitcoin and crypto. Just try to remember the covid-19 time, when many mostly thought that it's going to put a huge drop for Bitcoin's price but it didn't. And then by next year of it, the market ripened up and reached another all time high. It might be a different thing as a pandemic and a war but you'd see that these events really triggers the price of Bitcoin. And instead of seeing a huge dump, we only see it happen during the bear market but then, the bear market on the 2020's seems not that too huge anymore. We'll see it on 2026.

Yes, you are right, Bitcoin price played a more positive role during the period when there was the most anxiety about the Bitcoin price. Bitcoin has become even more positive during the Covid-19 pandemic, despite a major deterioration in financial institutions across the world. This past experience is helping to create a largely positive outlook among investors today. Although there are temporary problems with Bitcoin or cryptocurrency due to various political reasons, it is not a problem in the long run. Bitcoin will run at its own pace. Moreover, many people always make big plans about the market, that's why if you can trust it in any situation, then the possibility of profiting from Bitcoin is high.

The profit that will be obtained from bitcoin investment is very high if we buy it during a bearish period and hold it until the bullish season, that's what I've been doing following a 4-year cycle.
During the Covid-19 pandemic, I also focused more on trading in crypto because the office was locked down and we worked from home.

As many people say, to buy Bitcoin when it is bearish and to hold it until it is bullish is not a bad strategy at all, not mentioning the potential for high profits in the bullish season when the four-year cycle comes. Investing in crypto trading during the pandemic was also a successful decision that complied with the situation at the given period.

[Faisal2202]

In the last 24 hours, Iran and Israel have been exchanging mass destructive and explosive shootings and that have affected the price of Bitcoin, Ethereum and other coins. Bitcoin have slipped to $61k which was a little over 2% of the price 72 hours ago while Ethereum also recorded over 5% reduction in price. Just like the mother coin BTC and ETH have been affected, the crypto market have been largely affected by the ongoing war between these two countries.  Do you think the recent events is going to significantly affect the predicted bullish rise in crypto market this month of October and the rest of the year?

Well I am posting on the last day of this month so I can confirm that the market makes exceptional pumps and is still pumping due to elections many have seen it coming (the pump due to elections) Well the war and on ground combats are still ongoing between Israel and other parties and the chances of the war to get ended are not much so I guess we might see something big coming but till now I have seen Iraq and other middle east countries are really not doing anything but Israel is doing big operations against Gaza people.

The videos I watch are just too sensitive and I hope the war ends as soon as possible. These wars will make the market more volatile but I don't care about the market. I care about the people more, yeah I also don't care because I invest not trade.