⭐ Merited by JayJuanGee (1)
it's not very difficult for Bitcoin to go from $25k to $30k.
snipProbably not, but I believe most of us plebs are always checking the price at every hour of every day. I wake up in the middle of the night and check the price. Hahaha.
But I have a question for all of you who regularly visit this topic. With the high probability of a recession coming in many regions of the world, do you actually believe that Bitcoin will not be affected by the crash of the legacy markets?
Plus if you do believe that a legacy crash will also cause a Bitcoin crash, wouldn't it be a good idea to wait for the DIP?
It doesn't need an answer. It's something for each of us to evaluate in our own "shower thoughts".
Bitcoin prices are strongly influenced by market sentiment, that is undeniable, in my view, investors are already quite aware of Bitcoin as an asset that is immune to inflation, investors will definitely move quickly when bad news arrives, they will definitely exchange their funds to Bitcoin as a protection for the value of the money they previously owned.
but well, we know, when the bitcoin market is moving positively we will be presented with FUD news such as crypto exchanges being hacked, bitcoin bad for the environment, bitcoin being banned again by the government and so on (you can investigate it yourself)
in the end, Politicians will always play with bitcoin for their own interests, don't think too much about the FUD against bitcoin that will continue to emerge, they have already designed that.