Hi all
Here I just wanted to show why I think, BTC will not behave like a classical precious medal in times of an overall market crisis. With the last crash of markets due to covid-19 and its lockdown, it clearly reacted even stronger than SPX500 did.
Both pumped afterwards but will it do that again, even if SPX500 doesnt get silly lifesupport anymore? I think not. Or at least I would not risk my capital on the chances. If it doesnt I miss a trade. If it does, it will be a great chance to buy in low.
Here I just wanted to show why I think, BTC will not behave like a classical precious medal in times of an overall market crisis. With the last crash of markets due to covid-19 and its lockdown, it clearly reacted even stronger than SPX500 did.
Both pumped afterwards but will it do that again, even if SPX500 doesnt get silly lifesupport anymore? I think not. Or at least I would not risk my capital on the chances. If it doesnt I miss a trade. If it does, it will be a great chance to buy in low.
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