With the increase in saber rattling by Russia and the ongoing Israel - Hamas/Hezbollah war BTC has continued to thrive. I mean we’ve now hit the $98k level something I did not see going on given the international stage. From what I was feeling it seemed that BTC was thriving while the world was going to hell so I decided to dive into it.

Since the Russian invasion has gone on for over 1,000 days now I knew going back to the start of that wouldn’t help. Instead I chose October 7 when Hamas launched its attack on Israel kickstarting the war there. While there was a brief dip for about a week BTC’s price went from roughly $27k to $34k by the end of the month.

Another key date that kickstarted a rally was Feb 2. of this year and on that day the US launched strikes against the IRGC and Iranian backed militias after 3 US service members were killed in a drone attack in Jordan. This run got us to the high $40k low $50k level.

Next was Feb. 25 and that day was less intense but had wide spread activity. The US launched its 4th round of military strikes against the Houthis. Jihadists in Burkina Faso (huge country for the mining of gold) had two significant attacks the first on a Catholic Church resulting in 15 deaths and the second an attack on a mosque that killed “dozens” no final number was ever given. To top it off Turkey launched airstrikes into Iraq killing 4 alleged PKK members. Also this was the day that in DC an active duty Air Force member lit himself on fire outside the Israeli embassy as an act of protest. This run got us up to the $72k level before leveling off.

This was the level we were at up until the US elections where not only was there enthusiasm for a Trump Presidency and Republican Trifecta but it leads us to where we are now. Israel has invaded Southern Lebanon to push back Hezbollah. Speaking of Hezbollah I mean the organization has lost all of their top people in targeted strikes. Iran and Israel has been going back and forth but with the Trump win it seems that Iran is thinking twice before continuing the tit for tat. The US has rapidly increased military aid to Ukraine due to the unknown of a Trump Presidency and took the limits off of missiles allowing some pretty significant strikes based off of the videos out of Russia.

Today Ukraine has claimed an ICBM was used to attack it which if true honestly dumb use of a missile by Russia but a lot of what they have done doesn’t make sense. It’s also come out Russia hates the new US air defense base in Poland. According to Russian Foreign Ministry spokesperson Maria Zakharova the air base has been added to Russia’s list of possible targets. Honestly just an unhinged comment that causes escalation for no reason.

This is an interesting little tid bit about BTC and its price rise this year. I mean it looks like with chaos BTC has reacted much like gold but even more so! I’m sure someone has done a deeper dive but at the surface level it is really interesting!