Topic: Bullish VS Bearish - page 8. (Read 1265 times)
I doubt that even the worst recession can drive Bitcoin to $1,000, in fact no external factor can do that. Only some major internal weakness, like a succesful and devastating attack on the protocol can do that. Also, Bitcoin isn't strongly coupled with global economy - it generally shows short-term correlation, but then continues to have its own price movements, which often offset the losses from mainstream market panic.
Bitcoin was built to retain its value
Fiat was built to be abused and inflate
Bitcoin isn't going to go down to the 1k levels. Most financial analysts have no clue on crypto. Usually they give a low figure because they don't want it to succeed...
But isn't Crypto and bitcoin coupled with FIAT? Fiat was built to be abused and inflate
Bitcoin isn't going to go down to the 1k levels. Most financial analysts have no clue on crypto. Usually they give a low figure because they don't want it to succeed...
if you compare the chart of NASDAQ and Bitcoin, you will see a stark similarity. The analysts who are bearish on crypto right now, are also bearish on the macroeconomic market.
"FIAT was built to retain its value
Crypto has been rebuilt to be abused and inflate"
Bitcoin was built to retain its value
Fiat was built to be abused and inflate
Bitcoin isn't going to go down to the 1k levels. Most financial analysts have no clue on crypto. Usually they give a low figure because they don't want it to succeed...
Fiat was built to be abused and inflate
Bitcoin isn't going to go down to the 1k levels. Most financial analysts have no clue on crypto. Usually they give a low figure because they don't want it to succeed...
The development of the world economy and the potential for a recession is indeed very interesting to follow, especially in the crypto market in this case BTC. There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price and some say Bitcoin is very bullish going forward. How does BTC answer it as the King of the Crypto world???
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