Topic: BTC and Stock vs Oil price (Read 715 times)

I would like to say the bitcoin price day by day increase so if you even though there are no trading sessions that account for more or less volume, there are certain parameters to take into account before buying cryptocurrency. According to multiple analyses on average daily bitcoin prices, Sunday and Monday are the best days to buy BTC.

Investors want the best returns for their money during any situation. And for those they even exit from one country and invest another even if they get 0.5% better rate. So, I think there would be investors who at this point may have or would be thinking to change their strategy and exit the oil and invest in crypto or some other investment.

In our daily life, everything is connected with each other. So, btc may be affected with stock and other things. But the demand of value btc is still going on until the human death.   

Investor for all of them could always be very different people and could be the same people as well, it is not really all that interesting. Some people like to put their money into different stuff, so those people put their money into stocks, into bonds, into oil, into gold, into bitcoin and many other things because they like to diversify their portfolio and I totally respect that, or they could be simply just a bitcoin trader, or could be only stock investor as well.

Just because there are people who invest into both doesn't mean anything so does having people just invest into one thing doesn't mean anything as well. I personally feel like maybe we should not focus on who are the investors but check why do people invest into these things.

In the past, I have noticed a correlation between the stock market performance and the BTC exchange rates. But I don't think that there is any relation between oil prices and the Bitcoin exchange rate. I have checked the charts by overlaying these two, and I couldn't notice any such relation. But BTC exchange rates goes up whenever there is a spike in the stock market.

Somehow this is becoming a reality, stocks and crypto goes down and same in oil prices. Then all of a sudden BTC gets a slight increase and same goes to oil price, but not literally with stocks. This is just my opinion, but as far as I can see, these are really related with each other.

it depens on investor , and investor about that two are different i guess , so oil price will not affect bitcoin but covid - 19 will, i belive

It's not affected bitcoin prics anyway, oil get dump because there are so many supply in the inventory make its has no price. Corona virus make people not using many oil as much as before because many country in lockdown situation.
Stock price get dump because they're not operating as before, the company not productive anymore, so its affected stock price as well. But bitcoin still alive whatever the situation happen.

At the time of composing the digital resource is endeavoring to re-enter the $6,900-$7,260 zone where the cost went through the final 18 days exchanging. Re-entering this zone would be a positive step forward as the day by day chart appears underneath the VPVR tall volume hub from $6,850-$6,600 Bitcoin is defenseless to a drop to the $6,485 back and underneath this $6,200.

Cheap oil benefits companies with cheaper energy costs.    The oil company itself might not like it but the economy as a whole is gaining from this, in every market if the price is lower then you have winners and losers and it should never be all of one or the market is not likely valid.

Bitcoin is a energy user, normally its gaining from some kind of remote or special use energy and transmits that value (partly) via the token value.   Both in the mining use directly but also cooling could be considered as part of the energy usage, of course there is the manufacturing of the technology but thats harder to state.     The reason stocks drop at the same time as oil in this case is they are both in reference to the underlying reasons which is lower business demand in the economy, so costs of oil or energy might be lower but the production demand is lower.   Bitcoin might not have lower demand in this way, we're not sure but its costs are reduced and the process is more efficient presently I think.

I think there is a small impact about bitcoin;s price because oil's price is also regulated in the market. They are both manipulated in the market and somehow their demand is related because they are both material in the economy. The crisis in oil's price will surely affect a lot of matter and I know that it is not the easy to manipulate some assets when you know that oil's nowadays aren't in demand. This virus really affects a lot of aspects or sectors, especially those who are in a agricultural and financial sectors. The government will surely not focus on the production of oil and the use of oil because they know that the supply is plenty compared to other necessities like foods, mask ,and etc that can be used to find the pandemic.

The changes in oil prices affected everything and everyone for commodities can easily change the price depending on the crude oil which is necessary for production and transportation and because of that the stock market gets affected as well. Bitcoins and other cryptocurrencies though, digital and decentralized they may not be directly impacted by the oil price but when we take a closer look and understand it we will know how it can be affected either positively or negatively, IMO.

The decrease in the oil price may give us a lower price in the commodities and will give us enough savings, therefore, we can invest more in bitcoin that will help the crypto market better and that is one positive effect of oil price to the crypto world. There might also be a negative impact, however, as of now the most important thing we need to be ready is the halving that will happen soon for most of us might get hurt on this and some may not be able to recover anymore.

This is because the price of oil is often used as a reference for leading export commodity prices as oil prices fall, so the prices of commodities such as palm oil and coal also fall. Crude oil prices do not always affect stock prices. But market expectations are often influenced by external sentiment, thus often overshadowing stock movements.

The decline in world oil prices has an impact on low selling prices. So, the company reviews operational expenses and impacts on slowing oil and gas activities. This also affects the performance of oil and gas service companies. World oil prices have a negative and significant influence on the stock market. Oil is a vital need for production and consumption, a fall in oil prices means that demand is reduced, meaning the economy is slowing which impacts performance and corporate profits show unfavorable results, investors will sell their shares. This will certainly affect the stock price.

Oil prices only have a partial impact in the current situation, it isn't the main cause heavily affecting the global stock market. Bitcoin won't be affected by the price of oil, the price displayed recently has proved that.

Oil prices does affect some stock prices, probably not all of them but does affect some of it, specially the oil companies are obviously affected, but probably car companies are affected as well, there must be some others who are in direct relation, like airlines for example. However stuff like a bakery chain for example, or mcdonalds, or coca cola, or stuff like that which has nothing to do with corona nor oil will be affected for the long term, only a short term because people can't go outside but that's about it.

I assume bitcoin is more like those stocks, that has nothing to do with neither oil nor lockdown, bitcoin is financial commodity right now and that doesn't change just because people are at home, even better for it really because more people are looking at it.

In theory the oil price effects everything because most activities involve energy use.   Reduce the cost of something by 90% and it should be a kind of natural stimulus if anything.   Bitcoin is included in that as its very energy involved so far as I've read, it used to be years back and still is now I think.

As we saw earlier, the current pandemic has affected all markets. In the value of shares fell, oil, and cryptocurrencies. But Bitcoin has already returned to the price level it was at before the beginning of the pandemic. Most likely, this was influenced by the upcoming halving. Thus, despite the current economic crisis, each asset has its own price dynamics, which is determined not only by global economic events, but also depends on the individual roadmap and the demand for the asset in a specific time period.

And don't forget that there's gonna be a halving and I am sure that after halving or during the halving the bitcoin price is going to go up like crazy! If you are gonna look at the price chart of bitcoin and search about the past halving you can see that every halving the price of bitcoin is going up! So if history repeat itself this time, then bitcoin will be fully recovered 

crypto market is a relatively small part of whole economy (and of stock market in some way).
So yeah it definitely will affect btc and other alts

Seriously we have peaked at over 8k now, (dropped slightly less) and its still going strong. One thing for sure we can definitely say that bitcoin prices have nothing to do with Oil prices. Oil goes up or down and bitcoin is irrelevant, same goes with bitcoin as well.

Right now oil prices haven't recovered at all, right now WTI is about 14 dollars which is still not bad at all considering it literally 10 dollars, but 14 is nowhere near recovered only y a week ago it was 18 and that was really bad, just this year it was over 60 dollars, SIXTY dollars! Right now it "recovered" from 10 to 14. So, as you can see oil prices continues to be horrible but bitcoin recovers like crazy, its getting close to peak of 2020, and WAAAY over the year to date price of it.

Have you been watching the Bitcoin price? It was impacted earlier but the market has been recovering and going from one level to another. After the price fell to below $4,000, it quickly got back up to $5,000. The next thing it started circulating around the price of $5,000 and $6,000. Last week the price was stable at the price of $7,000 and today it moved to $8,900. So it’s growing and you don’t need to be told, it’s clear.

I bet people who quickly sold their coins out of fear would be regretting they ever sold, because the price is now going back up. And those that saw $3,000 and $4,000 as a good opportunity to buy will be happy with themselves that they bought Bitcoin.

I don’t know what kind of impact the halving will be having on Bitcoin. We are just a day into the month of May. Binance is showing a twelve days countdown to the Halving.

No. The oil price was depreciated due to global lockdown caused by the pandemic. These lockdown caused manufacturer who are using oil in their machines and car drivers to shutdown as well. Bitcoin is another kind of story.

I don't understand why the stock prices are getting affected by the drop in the oil prices. Apart from a few countries such as the GCC emirates, Nigeria and Russia, most of the other countries are importing crude oil from the oil producing cartels. So if the oil prices go down, it should actually benefit the economies of these nations (especially that of the United States).

That's the advantage of Bitcoin from other investments. Despite the current crisis Bitcoin still show strong indicators that it can move opposite from stocks and oil prices. Another reason that will drive Bitcoins prices high is the high demand for digital cash which fits Bitcoin and altcoins characteristics.

I believe crypto will only win from this, because in my opinion this will increase the legitimacy for crypto investements compared to oil futures

Ten days later for halving make bitcoin look raise up and keep continue several days later to see bitcoin have higher price, I think bitcoin most valuable assets and become profitable if invest bitcoin right now, just one week later for bitcoin halving to give chance for us and see how much price of bitcoin and altcoin.

Of course it will affect the crypto market in part. Falling oil prices indicate that the heavy industry is facing a huge production and supply problem. demand is still very low and this will weaken the economy over time. Service industries are now pulling the economy up but in the future, will they have the strength? I think not. Although the stock market and crypto are recovering well, I believe in the future it will fall once more. Be careful when trading during this period.

For millions of Americans the very bad times already came in, if you are a person who have a solid job you will probably be fine, however people are at the bottom, people who make under 60k per year are getting screwed every single year.

There are over ten million people who are out of job, there has been over a million people who got infected and couldn't even work even if they had a job, there are probably a lot more people who had unpaid leave so they didn't lose their job but didn't get any money and if you look at the longer term everything gets more expensive whereas the salaries are standing pretty still. Unless some progressive comes in and changes something like Bernie Sanders could (there was Ron Paul from republicans so it is not a partisan thing) this will not be solved.

the fall of oil prices does not seem to affect the price of Bitcoin, instead it is an advantage for Bitcoin, look at the day when the price of oil fell, what happened to Bitcoin actually increased to $ 7800  

No i dont think it will, the recent major dump in BTC has shaken off weak investors and newbie traders. The price between stock and oil is not correlated to BTC anymore and reversal in Cryptocurrency market has begun when it broke key resistance. I think many people are migrating to BTC because they need a safe haven.

Guys, It seems to me that the cryptocurrency market will only benefit from this situation, which arises from the coronavirus pandemic.  For example, most citizens of the United States of America put all their savings into securities, including oil.  If at the beginning of the water under the presidency of Donald Trump, citizens' incomes were at the level of 2% per annum, then today income has decreased by tens and hundreds of times to almost minimal sizes.  if the problems due to coronavirus are exacerbated, then for every US citizen very bad times will come.  People will look for alternative sources of profit, and cryptocurrency is a very profitable asset for investment.  And this is the situation all over the world, and not just in the USA.  The fact is that the demand for oil is also falling today, as people will take more care of alternative energy sources, as O. will think more about their future and their health, which means they will pay more attention to problems that harm the environment.  Of course, oil fell primarily due to the lack of agreement between the guardian countries and Russia, but nevertheless, the current trend in the market should have manifested itself for a long time.  Thus, if we consider the situation through the prism of the prospects of the cryptocurrency market, then Bitcoin, in my opinion, may become more popular due to the economic crisis and the coronavirus pandemic.

Oil is down 80% this year. In comparison, the S&P 500 is down 15-16% from its ATH.

What worries me is the oil market reflects actual global economic activity. If oil demand is this low, it suggests the global economy is really crashing. The stock market meanwhile is completely speculative, running off optimism that an imminent economic reopening will reverse all the economic damage from the past 2 months, and life will just go back to normal.

I think stock investors have their head in the clouds. Businesses can't just shut down for months and reopen as if nothing happened. The bailout loans are going to leave many companies up to their eyeballs in debt. Consumers are also losing confidence and are making much less money now. I don't expect job numbers to return to January 2020 levels for a long time. A lot of these "temporary" furloughs will become permanent job losses when businesses realize economic demand has plummeted.

Do I think stocks will keep grinding upwards for a while longer? Yes, but I also think this relief rally will end in tears.

BTC and stock markets are not connected, but big oil companies are part of stock market! Now we see how strong the stock market is, what happens with oil can happen with anything else, the stock market can fall not to zero, it can go in minus! And now I would like to see some explanation of how the stock market is safer than the crypto market? Who is that person that can convince me in that now after what we saw in the last months? And I would like to get worse for them, only like that they will realize what crypto is and how safer it is, and they will join with their tails down.

I do not think that oil price will have an impact on BTC price. Because the price of oil decreased due to the significant reduction in transportation, countries have ordered to restrict the movement of people due to COVID-19. This led to a serious drop in oil prices. In addition, there are 15 days until the Halving BTC day, I think the value of BTC will increase sharply because the difficulty of mining  a BTC will be more difficult.

Bitcoin seems ok right now because of the pump on its price, and as we can see the oil price is recovered a little bit but still the market recession is coming. Bitcoin will prove itself to be a good safe haven same as gold then we have to wait for that, stocks and oil moves the same but bitcoin should be on a different trend.

Yes rather than no.
BTC is very much dependent on real people who live in an ordinary world where there is a global stock market - of which cryptocurrencies are dependent, whether we want it or not.
And when the main indicator (a bright example - oil) begin to sharply drop, entire market in general will drop too. Including the cryptocurrency market, because in the first place there are traders who like news trading

I'm not so sure about your initial premise, that this sharp drop in oil prices has had an independent effect on the stock market.  I don't really follow what the major indexes are doing (like the Dow, S&P 500, etc.) but the big pharmaceutical stocks I do follow have been doing pretty well, and I don't think stocks have gotten hit anywhere near as hard as oil has.

It's not the stock or oil markets which are going to affect bitcoin.  It's the underlying factors that affect all markets, i.e, the effects of the COVID-19 outbreak and society's reaction to it.  Bitcoin has done much better than I initially thought it would, though there's no telling whether that's going to hold.  If society starts reopening businesses and people start getting back to work, that ought to help oil, stocks, and probably bitcoin as well.

If it weren't for the The Fed stepping in to stimulate the US economy with trillions of dollars of quantitative easing and rate cuts and buying of corporate debts then the stock market would suffer the same fate.
As for Bitcoin i dont think the price is correlated with the stock anymore because it already had a huge dump shaking off Institutional, stock and weak investors. I think the people who invested in Bitcoin are the ones who believes that it's a hedge for a massive financial crisis.

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We are not sure about this, but so far the Bitcoin price has not been affected in any way. The price increased to $7,500 and since yesterday it has remained stable at that rate and has not made any other big move yet, but remained at the same price rate. Maybe the oil price affected Bitcoin earlier this year when the price dropped, but right now it is not affecting Bitcoin and I don’t think it will again. I am not sure even sure if it has affected Bitcoin in any way at all.

I only believed that Coronavirus affected the price of Bitcoin and not oil price, but some have claimed that oil price was part of what led to the fall in price. And some also claimed that the PlusToken scam was also part of it. Right now the price is on growth, and it’s likely to keep growing.

I do understand your opinion because the last time I've seen the stock markets got a dump, bitcoin and alts was affected that's why I can consider what you have said.

But this time, as for oil and bitcoin, the direct assault and affection haven't been seen by me that's why I've said that opinion. There were times that there's like a domino effect for bitcoin and stocks.

The only vehicles that is being use now is either under government plates or companies doing work for government to aid its people. Airlines obviously shut their operation, cruise ships docked at their last pier and land trasportation has been stopped so there would be no high usage of oil that's why the negative price happened a few days ago.

I knew it from the start, there will be a huge impact for the oil price, the price of oil now is what as it is when the local suppliers got their stock so there will be no changes at all. Oil has nothing to do with bitcoin, I don't see any price reflection of oil to bitcoin.

BTC is not connected to oil directly but big crush at stock market may cause big crash at crypto market

Oil price has fallen to a negative , and we all know that it is because of the Coronavirus pandemic. A lot of things has been stopped. The government placed a travel ban and has stopped people from moving from place to place to avoid the spread of the Coronavirus.

This has affected oil price seriously to the extent that sellers now have to be paying the buyers to take the oil out from them. But as for whether this is going to be affecting Bitcoin? I don’t really think so. I have once asked myself this question that you’re asking now, and it led me to do some research which I did to understand if it’s going to happen. According to an article I read on Cryptopotato.com, it’s not likely to happen.

some could be investing on both but some arent  .  those who invest both can do what your saying   .

i see many people talking about the price of oil lately and they are planning to invest on it but take note these people dont invest on oil before but these people are involved on cryptocurrency so yeah you could be right again   .  btc/cryptos and oil dont have direct relation but they have an indirect impact to each other if one of them crash or pump   .

Not really. The S&P 500 is only down 2.7% for the week. The energy sector is given very little weight in the S&P 500 due its poor performance in recent years. It only represents 2.77% of the equity market. https://eresearch.fidelity.com/eresearch/markets_sectors/sectors/si_weighting_recommendations.jhtml?tab=sirecommendations

What I'm more concerned about is WTI crude staying below $30 (or even $20) a barrel for a prolonged period of time. That will crush any hope of profitability in the US shale sector and will push many firms into bankruptcy. That could mean big losses in the high yield bond market, which would spill over into the financial sector. If we continue seeing economy-wide losses quarter over quarter, loan and bond defaults will cause those economic losses to start translating into losses on bank balance sheets.

Banks are weighted 4x heavier in the equity market than the energy sector, so when they start losing it'll be reflected much more clearly in stock indices. More importantly, if we do start seeing major bank failures down the line like 2008, liquidity will quickly dry up as the banking system stops lending to conserve cash. When banks stop lending, the liquidity underlying the cash flow of the brick-and-mortar economy will dry up too. That's the Fed's worst nightmare.


Stocks and BTC are tightly correlated right now. Oil, not so much. When the stock market is finally done relief rallying, I expect BTC to fall too.

Oil is mostly interesting because it's reflective of global economic activity. What happens in the oil market is important, but it will rarely be felt in the equity markets immediately.

At first my thought ws, that people who have a lot of funds invested in oilmarket also have a lot of investments in cryptocurrency. When oil price began to go down, they pulled the money from cryptocurrency to save oil price from falling deeper. That is why there was a half day/ one day gap between price drops of oil and bitcoin.

What do you think about that? Does my idea "have right to live" or it is just rubbish?

People are really fan of connecting things and its not actually a surprising thing yet this had been always a topic for years or since the crypto market had began where there are people who
do always speak or do correlate crypto market with traditional forex/stocks etc.

I do believe or agree on what you have said that all markets been stomped by this current pandemic which is not really that surprising yet we know on how it heavily affected the entire world.

For now we cant do anything but to hope that this would be over so that it would be normalize once again.Btc price might not be affected that much but we are talking long term aspect on here.

LOL. It dont even influence heating oil prices in Europe. I checked price yesteryear and is 2 cents lower as it was a week ago.  That negative price was of Oil in Oklahoma and you needed to pick that oil in one day time. There were simply not enough people to do it. So they paid them to do it.  Hopefully heating oil prices will decrease in next few years in Europe.

In all that you have listed, I think that stock will be the most affected between bitcoin and stock I mean here. The stock is cash base while bitcoin is digital. You can comfortably trade or buy bitcoin from home which is the routine thing but for stock, I don't think it is totally linked with online. Anyway, my view is that stock will suffer more than bitcoin. Bitcoin price is already increasing.

Stock prices and bitcoin prices are a bit related because they are both (unfortunately) related to people wanting to make more money. You are not going to be part of apple and somehow get a free iphone just because you own a lot of apple stocks, you can have a billion dollars worth of apple stock and nobody is giving you free iphone for it, which means you are only doing it for the profits and nothing else.

Oil is not like that, oil is actually bought and sold for usage, you buy oil so you can do something with it, and right now there is not a lot of companies who uses oil actually buys it since a lot of them are closed due to corona virus. So I would say bitcoin and stock prices are somehow related but oil is totally different than both of them and changes are irrelevant.

I do not share this opinion because I can't believe one currency can exist separately from another.
We have one big world economy which incudes stocks, oil, cryptos and fiat.
One changes and it will influence other ones for sure.

All markets are being stomped by this pandemic but I don't think that there's correlation for bitcoin and oil markets. They are separate markets. The latest news about oil was that it plunged to negative.

Yet, we see bitcoin stable to $6,900 - $7,000.

What I am pointing out is that I cannot see any relevant connection between Bitcoin's price and oil's price. It does not mean that since the price of Bitcoin was going down on the exact day when the price of oil hit the bottom, the former must be absorbing the impact of the latter. That does not make sense to me.

Of course, both markets are affected by the current crisis. I am not arguing against that. This is a global crisis that must have affected all the markets in one way or another. But I don't think Bitcoin will suffer the way oil suffered. Their markets are not that closely intertwined.

Cryptocurrency market seems not to be affected by the crisis in the oil market.
The stock market is directly affected as oil is traded in those markets as a commodity, something that doesn't happen in the cryptocurrency market.

Bitcoin is not owned by any government or company nor by any individual as well so it has less chance of getting affected by oil price war and crisis. Only governments which produce oil barrels and companies who invested on those countries will get affected a lot.

1.The same question has been asked a few days ago in another thread.Comment there instead of creating new forum posts about old questions.
2.Anyway,to answer your question:Are you currently tracking the current BTC and oil prices?If yes,then your question is pointless.The BTC price isn't moving anywhere,there's no impact from the lowest oil price in the past 20 years.There's no connection between those markets and there never will be.
For some reason,the current situation around the Oil markets is a trending topic here,but we,after all,are a cryptcurrency forum,not a forum about oil production and oil markets.

These are both huge in stock market that's why I think they are somehow related to each other when it comes to affecting the price.  Bitcoin is very volatile and the market but other stocks are not that volatile but still there are changes in their price over time. Bitcoin are easily affected by a lot of factors such as demand, because we all know that demand can affect all of the stocks in the market. Other one is the volume of people in the market, how people manipulate it, and a pandemic like this.

Do you think that this pandemic affects the bitcoin price? In March, bitcoin really have a huge crash in its price and it is not easy to manipulate bitcoin that time because some of the holders are panic selling. It is too obvious that bitcoin can be affected by the events that we are experiencing right now. Market really have a hard time to recover from the damage in the economy brought by the virus. It is just the same on what's happening in the oil's price.

In fact, the price of BTC will move according to the stock market. Stock market is a signal that the cash flow of investors is moving strong or weak. If the market is green, it means that many investors are looking for opportunities and are willing to spend money, so Bitcoin will increase in accordance with the general trend of the stock market. As for oil prices, due to many days of social isolation around the world, the movement is not frequent. causing oil demand to plummet and storage to be nearly full. that's the main reason oil prices fell to negative levels.

This was a Q1 snapshot that we have recently done comparing BTC vs Gold vs S&P500 vs Oil
Since the oil plunge last few days, when we revise the graph things are going to look even more drastic

I only think about the investor of stock and oil cash out their money, and they try to invest in bitcoin

If the investor invests in bitcoin, then that can give a boost for bitcoin price to increase, although I don't know what is happening. But if that really happens, then that could help bitcoin to rise even is not significant. But we cannot deny if bitcoin got impact from what is happens in the real-life market when people afraid to see what is happening now, they are trying to search for another investment.

No, I don't think that there are connections whatsoever. Very different set of investors, and I'm sure crude oil investors are very old and traditional like Warren Buffett mind-set. Just sad to see that crude has been impacted by the pandemic, even plunging into negative numbers (theoretically). But we have to face the consequences of it. Or at least those investors or the market itself will have to re-adjust. One thing we have noticed about crypto market is that it is on a swing, very volatile that's why the impact is not that obviously. Of course we went into $3800, but we have bounce back already.

epedemic corona which requires silence at home so that oil consumption is reduced and production continues. so the stock is quite a lot resulting in world oil prices plummeted.
but it does not show a correlation between the drop in world oil prices and bitcoin because of the difference, that world oil payments use US $ and there is no direct impact with bitcoin. bitcoin has a different way of applying that there is no payment for world oil transactions using bitcoin.

Do investors who use bitcoin also play in world oil purchases? can not be ascertained and still have to explore more.

Any price drop of Bitcoin does not happen by itself because there are so many factors out there coming into play. If by itself you mean that it just drops for no external reason at all. Bitcoin is more than a hundred-billion market, and a public one, it does not just drop significantly without large players playing the game.

But I don't think it has something to do with the price of oil. I cannot see a connection. Why does Bitcoin's price fall when oil price falls? In what way should they be connected?

Take a look on oil price on March 12-14 and on bitcoin price on March 13-15. Dont you think these two price drops are connected? I will never believe that bitcoin's recent price drop happened by itself.

I'm not saying that bitcoin price primary relies on oil price, but these two sure are connected.

Our focus now is on bitcoin halving, not on oil affecting bitcoin market price. I hardly see any connection, the crude oil is now very low but bitcoin can not be affected. The price may even increase as well as it moves towards halving against what analysts are predicting.

My point is plain.
Btc, stock and oil are all measure of value and tools in the hands of investors.

An investors in crude oil who also invest in bitcoin will be affected this time if he has investment in crude oil. This will lead to less demand for bitcoin from him.

So, everything of value is interconnected in various degrees someway.

Does we should have similar question? https://bitcointalksearch.org/topic/can-bitcoin-become-negative-in-value-5242499 or https://bitcointalksearch.org/topic/opinion-oilprice-drop-bitcoin-up-5242520 or https://bitcointalksearch.org/topic/bitcoin-and-crude-oil-5242239

The stock market is impacted heavily due to the drop in oil prices. Do you all think it will impact the BTC prices as well?