Post
Topic
Board Economics
Re: Where the correction ?
by
muenze
on 10/02/2021, 16:02:14 UTC
One path to a correction


is when Stocks start crashing hard. I can see a lot of "wall street bitcoin" short stocks, or even buy
cheap stocks then. So they pull money out of Bitcoin in a stock crash.

Same thing happened when Covid19 started. Crypto did not immediately rise, actually first it
fell as stocks fell too. And it took quite a few months for Bitcoin to go up.

One reason why a correction may not happen

is when people stay unsure about where else to put their cash.

Gold and silver have become pretty boring for a lot of investors and there appear to be unlimited
supply of these in space which probably will start to be harvested within the next 10 years.

People wont buy that much real estate in a huge financial crises when they cannot find renters.

A huge wave of corporate (and private) Bitcoin adaption might be about to happen.

Note: My writings are for long term price only