Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
katrinmi
on 11/10/2019, 19:20:54 UTC
Ready for bullrun  Smiley


I think it's early. We have to wait for the global economic recession.

I'm not so sure a recession will produce the results you're anticipating. During a recession, people sell everything and I'd imagine Bitcoin to be first to go for many if and when things get tight. Of course we (those who understand the value proposition of BTC) won't be selling but there are plenty in the ecosystem who are in it for the dollars. 
I think it's gonna be a wonderful moment for btc accumulation. After all those who are here because of the dolars will leave the price of btc will begin to rise sharply because there will be no sellers and the market will absorb part of their btc.