Quote from: pragna on May 07, 2020, 05:20:56 PM

Quote from: very_452001 on March 21, 2020, 10:31:05 PM

In global recessions/depressions/global economic meltdowns people turn to gold/silver and digital gold such as bitcoin so why bitcoin crash and gold market not crashing in times like these?

I think BTC not crashing at this moment because of fiat money crisis. Many government already printing money to save their people as well as. At the same time people who are in home trying to earn alternative way and cryptocurrency is the best way they are seeing. In this virus time if they invest or gain money from home that may be best one and that may be main reason to btc high market.

thanks.

Or maybe just because of the halving coming up. I think a lot of people thought that before halving the price of bitcoin will go down or they are finding a good price to buy to be ready for it but as the date is closing, the price is rising so people have no choice but to buy at that price; the price is slowly falling now, maybe it is just the time for the correction or for that time to buy.