Post
Topic
Board Trading Discussion
Re: Opinion: Oilprice drop -> Bitcoin up?
by
semobo
on 23/04/2020, 14:34:50 UTC
What implications could the oil price drop on the mid-term bitcoin price have?

Do you think it is more likely that investors will switch to Bitcoin, or do you think it could be that the money is flowing out of the crypto world due to the uncertainty in the markets? Could it possibly have no effect at all on the Bitcoin course?
Unexpectedly we met a huge spike on the prices a moments ago, and this could be a reason behind this price bump as well.So price drop on oil has possibility to increase the price of bitcoin and halving will trigger it up more high. Smiley