$ETH $BTC 💥 WAR + BITCOIN + IRAN + ISRAEL and THE PRICE OF BITCOIN AND THE MARKET SITUATION

A drop to 62,000 occurred, as few predicted, amid increased media coverage of the Iran threat over the past three days. Usually this news can fade quickly, but not this time.

Recently, Iran deployed drones and initiated attacks against Israel, marking the beginning of what could become a major conflict.

If the United States reinforces Israel, Iran has threatened to attack American troops in the Middle East. This could provoke an American counterattack, which could trigger a global conflict. Historically, markets have suffered during wars. However, with the current rising inflation rates in the United States, we could witness a different economic response. The need for the United States to fund the war efforts may lead to increased money printing, causing the US dollar to fall. This would likely lead people to lock up their savings in assets, although those effects might only become evident after the war hits the economy.

Currently, we are waiting to see the response from the United States. If war is declared, all markets could suffer further declines. For #Bitcoin, prices could fall to 58k or even as low as 52k before gradually recovering.

This scenario reflects the market dynamics during the COVID pandemic in 2019, which also ultimately led to a strong recovery and new highs. For those who hold Bitcoin, this could offer more security than holding liquidity in fiat currencies. From a financial (non-trading) perspective, it might be prudent to invest in more Bitcoin. Your future self might be grateful.#BTCrecovery will likely be slow and last weeks. It is advisable to be patient and avoid selling at a loss, unlike those who bought