Currently, Bitcoin's price hovers around $70,587, showing slight short-term weakness with minor declines over the past hour and day. The overall market sentiment remains tense, especially against the backdrop of ongoing geopolitical pressures affecting the energy market and global emotions.
Impact of War on Cryptocurrency
O'Leary clearly states that global conflicts leading to oil price and supply chain uncertainties affect all markets, including cryptocurrencies, through capital flows. Volatility in the energy market typically prompts investors to adopt a cautious stance, dampening enthusiasm for high-risk assets like Bitcoin and altcoins.
With shipping routes and oil supplies under pressure, market liquidity tightens. This environment makes it difficult for cryptocurrencies to maintain strong rebounds, as capital often shifts towards more stable sectors.
“We don’t know what will happen.”
Rather than reacting to short-term fluctuations, O'Leary believes investors should focus on the long term.
“You need to consider what the world will look like after the conflict ends, and then invest.”
Time to Buy the Dip!
For digital assets, this means mainstream cryptocurrencies may continue to be in the spotlight, while smaller tokens will face greater pressure during uncertain phases. Such market conditions typically lower risk appetite, impacting the overall momentum in the crypto space.
O'Leary's 2026 Investment Themes
In the current environment, he is heavily investing in energy and infrastructure, stating that electricity represents the most critical investment opportunity at present. His investments are concentrated in Utah, USA, and Alberta, Canada, where cheap energy, natural gas, water sources, and supportive policies make large projects like data centers and manufacturing feasible.
Meanwhile, he holds an optimistic view on commodities and supply chains, particularly in Canada, believing the country will benefit long-term in areas such as oil, potash (fertilizer), and aluminum. He has also invested in the Canadian dollar, anticipating it will gain as global supply chains become more secure post-conflict.
In addition to traditional markets, O'Leary actively invests in alternative assets, especially rare collectibles and sports cards, viewing them as the next class of assets akin to fine art. He is also investing in companies that support fractional ownership and trading of these collectibles, betting on the growth of global demand and liquidity.
Global conflicts are driving up oil prices and uncertainty, prompting investors to turn to safer assets and reducing demand for volatile assets like Bitcoin.
Bitcoin can maintain its value in the long term, but during crises, short-term volatility increases, leading investors to shift towards stable assets.
Energy, commodities, and infrastructure typically outperform high-risk assets as demand rises, and investors prioritize stability.
Buying the dip may be effective in the long run, but investors should focus on strong assets and prepare for ongoing short-term volatility.