Bitcoin | Highest Levels of Uncertainty EVER … What Will Happen?




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24 Comments

  1. Like/Comment/Subscribe ?

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    ? DISCLAIMER

    Kevin Svenson should not be held responsible for any losses that may occur. You and you alone are responsible for deciding if you are comfortable accepting the risk involved in trading. You should only trade based on your knowledge, experience, and risk as a trader. This information is for educational purpose only. Kevin Svenson is not a licensed financial planner or adviser. Any and ALL content published by Kevin Svenson should be NOT be considered financial advice. Invest at your own risk and as always, do your own research!

  2. Hey Kevin, I get the argument that Bitcoin is highly correlated, however, if you compare the SPX and Bitcoin from the December 2017 high until now, the SPX has been in a raging Bull market where as Bitcoin has really been in a Bear market? They have been following opposite paths

  3. Your poll is on people who don't know too much about economy. S&P should touch 2000 or lower then rebounce relatively quickly, when I say quickly I mean in about 1Y. I have no clue about BTC level…

  4. There are different levels of correlation. BTC is mostly uncorrelated. But when the stock market crashes like this with speculators which play both getting close to those market liquidations of course youre going to have a sell of in all assets. And remember BTC -> FIAT very fast and easy.

  5. I don't think so btc is correlated to stocks. The only reason why price is similar is because of traders who don't understand bitcoin and trade it along the stock markets. When the finance will start collapsing due to overprinting of cash, stock will plummet too but bitcoin will be the only thing that can save our economy if people will learn and start using it as store of value. There is no other thing that can save us from global hiperinflation than crypto.

  6. If btc are corelated with stockmarkets how will ir ever reach a significant market cap or the high value/price we all are expecting from it? If it is doomed to always follow the growthrate of stockmarkets it really couldn't, could it? There has to be at least periods of serious uncorrelation (halvings perhaps) don't you think?

  7. IMHO BTC has to step back and let the stage for the true legends… gold and silver, so then BTC thrives, in a truly prosperus economy.

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