Post
Topic
Board Economics
Re: How Will The Upcoming Recession Affect Bitcoin?
by
eaLiTy
on 15/09/2019, 21:51:17 UTC
I think it's important to consider what impact the recession that's upcoming will have on Bitcoin.
Bitcoin has never been through a recession, and so we don't know how owners of and investors in Bitcoin will react.
If there is a major global recession then the entire market will bleed and nothing will escape that, people will panic when the entire market starts falling and you will see major sell off but i do not expect the BTCitcoin to have the same issue with the rest of the market but still if there is a major global issue no market is safe from it, there is economic slow down globally and i do not wish to go through another recession again.