You are viewing a single comment's thread from:

RE: Global Recession Scenario - Deflationary Dip for Bitcoin FIRST Before Moon?

in #threespeak5 years ago

Bitcoin has a lot of room to grow in this space. With the traditional markets facing crisis , negative yielding bonds and currency markets losing value . Recession is ahead so people would prefer to buy a store of value like Bitcoin . They would not look for coins that would 100x in price. During a recession people don't like to take risks . So if recession hits Bitcoin will be bullish and the of it's price will action will be fueled by the recession.