I have a theory we are on an up trend for the rest of 2018 but come 2019, when recession hits and there is wide spread fear, risk off and cash parking in the market, scenario two might come true. Bitcoin has yet to be tested in a down economy.
I have a theory we are on an up trend for the rest of 2018 but come 2019, when recession hits and there is wide spread fear, risk off and cash parking in the market, scenario two might come true. Bitcoin has yet to be tested in a down economy.
BTC is likely to explode in value in any USA, Europe or China recession. The money needs to go somewhere. It is too expensive for big institutions and hedgefunds to stay in cash.
Yes that could be true too. We shall soon see!