Post
Topic
Board Bitcoin Discussion
Re: Bitcoin behavior during a recession
by
karim30
on 15/07/2018, 09:42:17 UTC
What do you guys think will happen to the price of bitcoin (and altcoins for that matter) during a recession? Often when stocks went down a little crypto market would surge. But how will bitcoin behave in a full on world economic recession? Because history tells us that a recession is coming, we haven't had one in ten years, it might be 2018,2019, or even 2020 but it's coming. Do you think the traditional market and the cryptocurrency market are negatively or positively correlated? (Or are they correlated at all for that matter?)

I think the reason for the economic downturn due to many reasons. And recession is what the economy is experiencing so bitcoin and altcoin will be affected more or less. But they will definitely recover