Hello, guys! What do you think? Can crypto and the oil industry be connected?
i think the current bitcoin crash is some way connected to bitcoin, because of the big whales moving their founds to backup a lil the markets.
Everything is crashing, but some areas will recover faster than others, will be hard to see the Oil recovering fast, but bitcoin will do. Don't forget about the halving on the other side of the corner.
This actions from the market is more on doing an artificial movements, since halving is coming more and more big players are creating dumped to form
a bearish run and let those weak holders to panic and sell out their holdings, it's all inside the crypto industry and not outside, so it's not something related with oil or any big assets that creates this fall.