You are viewing a single comment's thread from:
RE: Bitcoin prices seem to be at the mercy of what is going on with Wall Street
Couldn’t the following scenario also take place?
Regular stocks are crashing, hard and deep. So investors will extract money from it and will search for a new investment. The banks are no option due to the current interest rates.
While BTC are a risky investment it has a long time low. So lots of then are willing to take a gamble so that fresh fiat money fuels a long waited bull run?
Or is this scenario only a dream?
That is possible, though with interest rates starting to rise, traditional investments start to become options again. Online banks for example are paying north of 1.50% on savings accounts already.