Bitcoin Hits $11,700 | Global Panic Sparks Crypto Rally

in threespeak •  2 months ago 

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This is the first test for bitcoin on what can happen when global fears appear. In other words, Bitcoin is playing out as a store of value like gold 🤑

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The recession is ahead. Stocks are bearish.Then People try to get outta stocks. So Cryptocurrency would be one of the major investments they could make. hence bringing more money into the space and improving liquidity.
Recession is also around the corner. Bullish environment for Bitcoin and Crypto

Bitcoin is the main trusted cryptocurency at the moment. People will turn to Cryptocurency because this business does not have many regulations like saving money in a bank.

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I didn’t get enough of it ! Keep pumping !

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