In the blowing air of recession, people are finding a way out to secure their investment and many are reaching towards Bitcoin as a savior, so what you think? Does Bitcoin survive?
bitcoin, a savior in a recession? i don't think so. recessions are times when investors unwind risky positions rather than add to them. "cash is king" becomes the norm. retail investors are pressured to sell their holdings (bitcoin or otherwise) due to layoffs and furloughs. so i definitely don't see the bitcoin market benefiting from slowing economies and crashing stock markets....just the opposite.