What are your prediction and analysis concerning the digital asset if for any reason we witness just another deep recession in 2020? Will Bitcoin go down with the global market?
I think we are seeing the answer to that question. see even with this pandemic the price has not fallen much, on the contrary in the last days the price has gone up to the point of being at $9500, it shows that people are confident that investing in bitcoin is a good way. If there is any recession, the price of Bitcoin will not be very affected in terms of price drop, maybe even increase a lot
we are sitting at a good price of $9,000+ which will soon break $10,000.
if this time the price reaches $ 10500 and falls again it will make people start to believe that it is impossible to break $10500 so early. we are in this cycle of breaking or not breaking $10500 for months