The stock market is impacted heavily due to the drop in oil prices. Do you all think it will impact the BTC prices as well?
Of course it will affect the crypto market in part. Falling oil prices indicate that the heavy industry is facing a huge production and supply problem. demand is still very low and this will weaken the economy over time. Service industries are now pulling the economy up but in the future, will they have the strength? I think not. Although the stock market and crypto are recovering well, I believe in the future it will fall once more. Be careful when trading during this period.