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?)
Bitcoin is a volatile crypto currency and therefore its valuation is subject to flactuation and I think this is the most troubling for all the investors because one day its valuation reaches the sky high, creating excitement among people and another day , its valuation deflates to that low extent that people feel like that money has drowned but I think there is nothing to worry about in this because if the valuation is low then you should be little bit patience and should hold your coin till the next inflation.