We impressively were shown just how strongly correlated bitcoin is with the global financial markets.
The hopes of many that BTC would be a safe haven and thus inversely correlated with the stockmarket, proved to be wrong.
This means, the next years will HIGHLY depend on what the global markets will do, and therefore how this pandemic will be resolved.
Will it be resolved faster than many expect? Or will this turn into a 2 year bearmarket?
If this crisis is resolved faster than we think, then there is still a chance that BTC will also recover and even hang along the MA200, recover and make new alltime highs in 2021.
In the 2 year bearmarket case, BTC will probably just follow the global stocks and also make new lows. No one can predict what will happen, but these two scenarios are imho the most likely.
Good luck to all in these brutal times. Let's try to get out of this healthy and with more money than before :)
The hopes of many that BTC would be a safe haven and thus inversely correlated with the stockmarket, proved to be wrong.
This means, the next years will HIGHLY depend on what the global markets will do, and therefore how this pandemic will be resolved.
Will it be resolved faster than many expect? Or will this turn into a 2 year bearmarket?
If this crisis is resolved faster than we think, then there is still a chance that BTC will also recover and even hang along the MA200, recover and make new alltime highs in 2021.
In the 2 year bearmarket case, BTC will probably just follow the global stocks and also make new lows. No one can predict what will happen, but these two scenarios are imho the most likely.
Good luck to all in these brutal times. Let's try to get out of this healthy and with more money than before :)
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.