๐ง๐ต๐ฒ ๐๐ฟ๐๐ฝ๐๐ผ ๐๐ฟ๐ฎ๐๐ต ๐ช๐ฒ ๐ง๐ฎ๐น๐ธ๐ฒ๐ฑ ๐๐ฏ๐ผ๐๐ โ ๏ธ
A few days ago, I said a simple thing about the crypto market and other financial markets. I said that if the US gets directly involved in any conflict, then markets can crash.
Now you have seen yourself when the US did a recent attack, the crypto market shook. Altcoinsโ prices fell to the ground, and BTC also went below $100K.
This is how the US have great impact on markets. For now, because Iran have not retaliated yet, the market has recovered a bit but any time the market can crush further. The main reason is that now whether Iran retaliates or not.
Now the question is more crash possible? Yes, it is completely possible. If Iran replies or retaliates, then the US can react again, and if war starts, then markets, especially BTC, can fall more.
Now the market's direction depends on war and peace. At this time, first of all, we should pray that peace stays. The second important thing is that everyone should keep an eye on the news. If at any time there is any big decision whether attack or talks, an immediate action should be taken.
War is not for sure a good news for any financial markets. Also the FED decision is not good for the markets. Because of the war the rates are not possible to be cut and recent FED announcement shook the investors.
Right now, BTC range is from $98K-$103K. Thats the range which is considered safe for investors. Below and above this range must be considered as high risk.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
TWITTER TELEGRAM HIVE WHATSAPP DISCORD
IMAGES AND GIF TAKEN FROM CANVA, EDITED IN CANVA
SOURCE
REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
Leave ๐ง๐ต๐ฒ ๐๐ฟ๐๐ฝ๐๐ผ ๐๐ฟ๐ฎ๐๐ต ๐ช๐ฒ ๐ง๐ฎ๐น๐ธ๐ฒ๐ฑ ๐๐ฏ๐ผ๐๐ โ ๏ธ to:
Read more #hive-167922 posts
Best Posts From Asgharoo
We have not curated any of asgharali's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From Asgharoo
- Silverblade Fighter || A Low Mana Tank That Builds an Unbreakable Defense || Massive Defensive Impact
- The 6 Mana Monster That Packs a Serious Punch || "KEI" The Affordable Beast
- A Perfect Start to the Weekend
- Venka the Vile || 7 Melee Attack + Charge Ability (A Deadly Combination)
- Four Abilities That Make Inept Healer So Expensive || Is It Worth $25?
- The First Monsoon Rain of Summer || A Refreshing Walk at Ali Zaheer Park
- Hive Staked Reached 46,718 with 3,320 Ecency Points || 88 Hive Powered Up Today
- Best Water Archon Monster || Prophet Rosa with Two Powerful Abilities
- Silver to $60? Why July 24 Could Be Extremely Bullish
- The Triple Striker That Deals +6 Damage Every Round || Which Monster Is This?