It is a bit hard to figure out what will really happen to Bitcoin price.
We could find an answer if someone could stitch these together.
- Gold price when crisis happen
- China's economy is already in a bear market for a long time, will they see a bull?
- World economy just hit an all-time high
- Crypto has not seen a 10yr cycle yet
- Satoshi started Bitcoin to avoid melt-downs
What do you guys think will happen and why?
Bitcoin price will totally crash down if there is a global economic crisis because as of now the flow of transaction of bitcoin is based on the value of US Dollar so all of the transaction of bitcoin to Fiat money is depending the value of Dollar.