Wondering what the people here think about the potential war in the middle east and how it will affect BTC. It seems that Iran, Hizbollah and Yemen will hit Israel hard and the US will get involved with military power in an open regional war. I see markets crashing hard especially alts but I'm not sure if I'm overestimating.
Personally I think the involvement of the US in such war will be catastrophic for its economy and this means most alts losing their value as they usually follow economic prosperity. Bitcoin is strongly affected by the US economy as well, the huge pump from 15 to 70 was mostly caused by US ETF inflows. War means economic disasters and it could mean this bull market is over based on how dire the situation is.
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