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RE: Crypto-Positive US Senate Hearing, Price Action Making Bitcoin Bottom Call at ~$6060 Look Good!

in #bitcoin7 years ago

With the current huge correction in the stock market, especially here in Europe, do you think people will move into crypto in fear of a potential long-term correction/bear market in stocks?

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Generally, yes, I see the mainstream market drawdowns as very positive. Some people will begin to get the message that the game of musical chairs on the Titanic is coming to an end. Crypto will be an obvious diversification because what else will they buy, gold?