Why do people think that a stock market crash will cause a surge in Bitcoin price? I have heard it both ways and I would like to hear the logic behind the reasoning.
Thank you.
Of course Stock Market Crash =\= Bitcoin Surge, why would somebody believe BITCOIN will surge if the stock market crashes.
For bitcoin to surge, its the fiat currency that has to crash. For example when you will see bank bail-ins, and tripling food prices, then you will see bitcoin go to the moon.
But before that I highly doubt it, the stock market pump is just made with printed money, and mostly the top 10% elite that is playing there, while bitcoin is the currency for the 90%.