Bitcoin Reaction to Economic Effect.

[osasshem]

Bitcoin got a shock, breaking below the price of $100k, due to the involvement of the United States in the ongoing Israel and Iran war. Since this war before the involvement of US, the price has not gotten to the highs of $109k, rather has been around the $107k - $108k, but this time has gone above reaching $109k plus.

So, this makes me ask, do you think that in the long run, Bitcoin will only respond to stimuli of any fundamental effect because it happened and swiftly gain it's correction and move on or there'll be something else that might be?

Will like to hear your thoughts.

[freedomgo]

Bitcoin has nowhere to go but up. We’ve already seen it survive multiple global crises, wars, economic meltdowns, even a pandemic and it’s still standing strong. Now that institutional investors are heavily involved, Bitcoin looks even more stable than before.

I don’t think the Israel-Iran conflict will have any major negative impact on the Bitcoin market. If anything, it’s already showing resilience. We're trading at a solid level, and at this pace, it’s not far-fetched to think Bitcoin might break its current ATH again soon.

[Cookdata]

Bitcoin got a shock, breaking below the price of $100k, due to the involvement of the United States in the ongoing Israel and Iran war. Since this war before the involvement of US, the price has not gotten to the highs of $109k, rather has been around the $107k - $108k, but this time has gone above reaching $109k plus.

So, this makes me ask, do you think that in the long run, Bitcoin will only respond to stimuli of any fundamental effect because it happened and swiftly gain it's correction and move on or there'll be something else that might be?

Will like to hear your thoughts.

You are only looking at the short term growth of Bitcoin ad not the long term. This dump isn't only Bitcoin nature, it's a market nature to react to any news and the Volatility depend on the intensity of the news. The case of US here wasn't expected so soon and on seeing this, some institutional investors has to quickly close their positions so as to avoid any uncertain profit and losses, they pulled out their money to be safe and hence the sudden sharp market declined but upon hearing the US pull out and ask both countries to make peace, they all came back and open positions again, the same money that left all came back like nothing happened which is why the market is moving around that resistance.

The come back came with a force, some traders and speculators hoping that might be a perfect opportunity to break the resistance but this isn't just ordinary resistance, this is a major resistance that need alot of liquidity to break. If it's fake out, it will dump back again but it will eventually be broken if it get retested multiple times.

How long you think Bitcoin will continue to react to this kind of news? I can't say but expect general market reactions anytime there is a war between two powerful countries, they somehow control the stock and other traditional markets which sometimes is correlated with Bitcoin but these are short term fears, uncertainty and doubt. On the long run, it will go back to where it should, stop worrying about it.

[Reatim]

So, this makes me ask, do you think that in the long run, Bitcoin will only respond to stimuli of any fundamental effect because it happened and swiftly gain it's correction and move on or there'll be something else that might be?

Will like to hear your thoughts.

i do not understand this question bitcoin has always reacted to certain things because its investors react to different factors that happen in our world

bitcoin declining due to a possible world war 3 is not that surprising but so it recovering bitcoin is volatile and we know this you will always observe that when something big happens it will not only affect bitcoin but all kinds of markets and industries

[Russlenat]

I think Bitcoin is already immune to bad news that usually affects the economy. As we’ve seen, it remains stable. Normally, when negative news comes out, Bitcoin might dip a little, but it recovers quickly, which actually gives us a good chance to profit short-term.

Gone are the days when manipulators could cause huge dumps and shake the market hard. Now, even if there’s a drop, it slowly bounces back. So whatever negative reaction we see in the market, I don’t take it as a bad sign anymore, more like an opportunity. And honestly, the outlook still looks good. Adoption is growing, and since Bitcoin isn’t controlled by any government, it won’t be easily affected by conflicts between countries.

[Dave1]

I think Bitcoin is already immune to bad news that usually affects the economy. As we’ve seen, it remains stable. Normally, when negative news comes out, Bitcoin might dip a little, but it recovers quickly, which actually gives us a good chance to profit short-term.

I wouldn't say that we are totally immune from bad news or some noises in the background. Market is open 24x7 so there could be a lot of investors from the other side of the world that are selling when we are sleeping due to this geo-political thingy that is happening around the world. But the good thing is that we are in the bull run season and so this kind of news are not going to impact us very big.

Gone are the days when manipulators could cause huge dumps and shake the market hard. Now, even if there’s a drop, it slowly bounces back. So whatever negative reaction we see in the market, I don’t take it as a bad sign anymore, more like an opportunity. And honestly, the outlook still looks good. Adoption is growing, and since Bitcoin isn’t controlled by any government, it won’t be easily affected by conflicts between countries.

Right, market is getting bigger, and it's too big to fall. And also, I think many of us have matured enough to see what those manipulators from early days are doing. And so if the price goes down, we don't react the way they wanted us to do by selling our cheap Bitcoins to them. We are not educated that we just ignore the dip and most likely buying as well just like those whales.

[Rustam Meraj]

This rapid recovery shows Bitcoin is becoming more resilient and seen as digital gold and safe place for money during uncertain times where investors buy when prices drop and they expect it will go up again because of its global reach. However Bitcoin behavior can still be unpredictable. We have seen that sometimes Bitcoin acts like risky asset and sometimes safe one and its price can be affected by various factors like broader economic trends and government rules and new technology. Ultimately Bitcoin seems to recover fast from many major events showing its long term value is strong big changes in economy or strict new regulations could still cause more lasting price drops.

[Smack That Ace]

I think Bitcoin is already immune to bad news that usually affects the economy. As we’ve seen, it remains stable. Normally, when negative news comes out, Bitcoin might dip a little, but it recovers quickly, which actually gives us a good chance to profit short-term.

Gone are the days when manipulators could cause huge dumps and shake the market hard. Now, even if there’s a drop, it slowly bounces back. So whatever negative reaction we see in the market, I don’t take it as a bad sign anymore, more like an opportunity. And honestly, the outlook still looks good. Adoption is growing, and since Bitcoin isn’t controlled by any government, it won’t be easily affected by conflicts between countries.

Any drop in bitcoin is definitely an opportunity because sooner or later it will recover and grow. But it would be incorrect to say that bitcoin is immune to the bad news that often impacts the economy. Bitcoin is just one part of the economy and like every other asset, once the economy is affected, they all are affected. Conversely, once the economy stabilizes, they will also benefit.

The Iran-Israel war was not that big and barely affected the economy, bitcoin was not affected too much either. Therefore, people should not think that it is immune to war. Depending on the severity of the war and its impact on the economy, bitcoin will react similarly.

[Text]

I think it’s a mix, it often reacts sharply to major fundamental shocks like wars, interest rate announcements or regulatory crackdowns, it also tends to recover relatively quickly once the news is digested. I do believe it responds to fundamentals but it also has its own momentum and narrative that keep pushing it forward. I think we’ll see more of this duality, short-term reactions to external events followed by corrections and a return to the broader trend whether bullish or bearish.

[GreatArkansas]

(....)
So, this makes me ask, do you think that in the long run, Bitcoin will only respond to stimuli of any fundamental effect because it happened and swiftly gain it's correction and move on or there'll be something else that might be?

Will like to hear your thoughts.

I think Bitcoin will keep reacting to big world events, but for the short term only, especially ones involving powerful countries like the US.
But because the market is getting more mature, these shocks don't last as long as they used to.

Bitcoin often finds its balance again and keeps moving based on demand and long-term belief in the technology. So yes, big news can shake  things up, but over time, I believe it's the fundamentals and confidence in crypto that really shate its path.

[Luzin]

So, this makes me ask, do you think that in the long run, Bitcoin will only respond to stimuli of any fundamental effect because it happened and swiftly gain it's correction and move on or there'll be something else that might be?

Will like to hear your thoughts.

It is certain and proven, the world's macroeconomic conditions that rise and fall make Bitcoin and crypto follow the state of the world economy, especially the decisions of countries that have great influence in the world. But Bitcoin's condition as an inflation store can always get the best value. I think in the future this condition will continue to occur. This condition makes traders able to utilize it to their advantage.

[X-ray]

Bitcoin is bullish with how the money keep being printed.

The effect of war only momentarily create fear but then people realized that bitcoin can actually be a hedge against war and the price recovered back.

If any, right now people are seeing a safe haven to fight against the inflation, the US debt is concern for many people right now and it's no wonder people are trying to save their wealth through asset like bitcoin.

[Russlenat]

I think Bitcoin is already immune to bad news that usually affects the economy. As we’ve seen, it remains stable. Normally, when negative news comes out, Bitcoin might dip a little, but it recovers quickly, which actually gives us a good chance to profit short-term.

I wouldn't say that we are totally immune from bad news or some noises in the background. Market is open 24x7 so there could be a lot of investors from the other side of the world that are selling when we are sleeping due to this geo-political thingy that is happening around the world. But the good thing is that we are in the bull run season and so this kind of news are not going to impact us very big.

Or maybe I should say.. yes, the market might react to bad news, but at this point, it's almost guaranteed that Bitcoin will recover. We’ve seen it over and over. So many times it looked like Bitcoin was about to collapse, but when no one expected it, that’s when it turned bullish and even broke into a new ATH.

I’ve learned my lesson, these dips don’t affect me anymore. But for those who still panic and sell?
Well… too bad. Someone else will gladly benefit from the cheap prices when you dump.

[Solokan]

due to the conflict between Iran and Israel and yes due to America's involvement of course the price of btc fell but of course it was only for a moment because btc bounced back up high again which of course indicates that btc is an asset that is truly proven to be safe for the future.

Of course bitcoin is currently very great because the price has now risen high now of course it can be seen that btc is very strong in refusing to go down and of course this makes me sure that btc will really make a new ath this year because of course many people buy btc because btc will make a new ath like going up to $ 120k or more. so in my opinion even though there is negative news btc will continue to rise because Bull Run has the potential to happen in the near future. but honestly I am personally also amazed by btc which is able to continue to rise against the current when there is a conflict between Iran and Israel and of course there is certainly potential for many to buy btc because it has been proven that btc is a safe asset and of course fundamentally people will also view btc as safe for the long term.

[PrivacyG]

You are talking about a war.  People are dying, money is thrown at unplanned things, migration happens, war budget increases, taxes increase, war is not easy nor is it cheap, nor does it have no toll on the countries involved.  In this situation people prepare for the worst and no body cares about hyping Bitcoin up.

I get that a lot of people think of Bitcoin as a commodity just like gold is, but this was only a thought and not a guarantee considering Bitcoin has never been through a large war before.  The closest times is when Russia invaded Ukraine and when the pandemic began.  Both times, Bitcoin has been able to do a successful recovery relatively quickly.

The economic state of the world is not in a good state.  Nor is it geopolitically.  So all things considered, it is a good sign that Bitcoin is still this close to its All Time High.

[Alpen]

Bitcoin got a shock, breaking below the price of $100k, due to the involvement of the United States in the ongoing Israel and Iran war. Since this war before the involvement of US, the price has not gotten to the highs of $109k, rather has been around the $107k - $108k, but this time has gone above reaching $109k plus.

So, this makes me ask, do you think that in the long run, Bitcoin will only respond to stimuli of any fundamental effect because it happened and swiftly gain it's correction and move on or there'll be something else that might be?

Will like to hear your thoughts.

My thoughts are that you may want to revisit the fundamentals of technical analysis. You’re searching for price reactions that simply aren’t there. The $100K–$110K range is just a sideways channel for Bitcoin in the absence of any strong catalysts.
The conflict hasn’t really acted as a trigger for Bitcoin investors, just like other events over the past six weeks of sideways trading. Right now, the market’s main focus is on the Fed’s decisions and the latest inflation data. Judging by the chart, what’s happening in the Middle East — or even in Europe — doesn’t seem to matter much at this point.

[Amphenomenon]

I think Bitcoin is already immune to bad news that usually affects the economy. As we’ve seen, it remains stable. Normally, when negative news comes out, Bitcoin might dip a little, but it recovers quickly, which actually gives us a good chance to profit short-term.

I wouldn't say that we are totally immune from bad news or some noises in the background. Market is open 24x7 so there could be a lot of investors from the other side of the world that are selling when we are sleeping due to this geo-political thingy that is happening around the world. But the good thing is that we are in the bull run season and so this kind of news are not going to impact us very big.

Or maybe I should say.. yes, the market might react to bad news, but at this point, it's almost guaranteed that Bitcoin will recover. We’ve seen it over and over. So many times it looked like Bitcoin was about to collapse, but when no one expected it, that’s when it turned bullish and even broke into a new ATH.

I would say Bitcoin is becoming more immune to bad news affecting the market/economy. People sentiments are stronger now and with time it will continue to grow stronger.

FUD is not as common like around 2021 or later years. We stronger the media doesn't dictate for majority as before and this stance will continue to stand. We have learnt our lesson or have seen more reason to trust even against a terrible news. This is the Bitcoiners now and many more will be joining us as time passes.

[michellee]

Now, the price is back to $109k and still trying to break $110k. Maybe that will not happen so soon but the chance to go to that price still wide open. You don't have to feel worry with the fluctuation of Bitcoin price because that is the nature of Bitcoin from a long time ago.

In the long term, Bitcoin may be like that but we don't know what will happen in the future. You don't have to think much about that and just continue your accumulation of Bitcoin. Calm down if you see the price is down so you can see the chance to buy back Bitcoin at a low.

[kotajikikox]

In the long term, Bitcoin may be like that but we don't know what will happen in the future. You don't have to think much about that and just continue your accumulation of Bitcoin. Calm down if you see the price is down so you can see the chance to buy back Bitcoin at a low.

If you are planning to hold bitcoin for a long time, you should not be affected by these news because no matter how much it dumps today you can be assured that you will still see bitcoin recover after a few years. Those who should be worried are traders since they are the ones most concerned about price fluctuations.

[Danica22]

Or maybe I should say.. yes, the market might react to bad news, but at this point, it's almost guaranteed that Bitcoin will recover. We’ve seen it over and over. So many times it looked like Bitcoin was about to collapse, but when no one expected it, that’s when it turned bullish and even broke into a new ATH.

I would say Bitcoin is becoming more immune to bad news affecting the market/economy. People sentiments are stronger now and with time it will continue to grow stronger.

FUD is not as common like around 2021 or later years. We stronger the media doesn't dictate for majority as before and this stance will continue to stand. We have learnt our lesson or have seen more reason to trust even against a terrible news. This is the Bitcoiners now and many more will be joining us as time passes.

Or more precisely, Bitcoin has matured a lot. Although it will still be affected by bad news and may still be dumped, it will not be as severe as before and will recover faster. Bitcoin is becoming a mainstream asset like stocks, gold...it is no longer a speculative game, Bump&Dump of whales like many years ago.

But to be fair, people are treating it more like the stock market than gold. That is why whenever there is bad news affecting the economy, bitcoin and stocks suffer while gold is the only asset that gains. Bitcoin and stocks only recover when things calm down. Just like what is happening, the price of Bitcoin has recovered to $109k, and US stocks have also risen significantly.