Will the Fall in Bitcoin Deepen? What will be the impact of the Israeli-Palestinian War on the markets?

A weekly close below 28200 should ensure a retest of the 27300 level. There is no problem right now unless the 26800 support is broken. In the long term, I continue to expect a candle between 13800-14500. #btc We cannot say that the rise is coming unless we make a daily close above 29500 for 2 days.

War has always had a negative impact on financial markets. But for now, we have to consider Blockchain as a commodity, not a company. Even if this makes it negative at first, it will allow it to recover quickly afterwards. We saw the same in the Russia-Ukraine war.

But we should not forget this detail: This war in Palestine has been going on for 50 years. For this reason, I don't think it will have a bad effect. If this war moves abroad and spreads to Lebanon and Iran, then a global crisis can be expected. Although this war, which will especially affect oil traffic, will have a positive impact on oil prices, it will be detrimental to companies.