Also, the casino nature of the "crypto" market, leads to great volitility and the association of Bitcoin as a "tech product" has it firmly in step with the Nasdaq chart at times.
Filed under, “Teach people that
Bitcoin is not a stock—Bitcoin is nothing like a stock.” It is a very large file.
Its no secret that bitcoin has been tracking the stock market latelty and becoming more and more intertwined with political and macroeconomic factors,So it may actually be beneficial to treat it as a "stock" as this will allow for better models and price predictions.
On another note: how long do yall think we can hold this 20k support,and is there any major support under it incase we break it ?