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Looking purely at charts, looks like the war will be over soon , BUT we cannot predict for sure what's gonna happen.
So what I think is if narrative have to fit the price action we might be getting " WE WON " or " we had the most beautiful deal ever" by the end of this month. Of course the consequences will be dramatic especially for Europe economy, but as you remember from COVID market are pricing the future , not the current situation.
So when covid hit market bottomed and after that we kept going up , while the whole world was closed and businesses collapsed, trading and investing in crypto and stocks was the most profitable business back then.
If we get similar outcome, markets will mark the bottom ( maybe already marked it) and will start pricing the good things over the coming months. Unfortunately the real business will have very hard times, because of the expensive energy due to oil shortage.
Of course all this is speculation, but it's good to have some idea what's maybe about to happen
#crypto #IranWar #usa #war #oil