Re: What's Next For Bitcoin Amid Tariffs and Recession Fears?
others believe that BTC could regain its role as a safe haven
Regain itself as a safe haven? Did it lose its role for being a safe haven asset to the entire cryptocurrency market? Because with what I've known, it didn't lost its throne and had always been a safe haven to the most in the market. Because even for a regular guy like me, I have never seen it lost that position because I've always considered it as the safest choice if someone who likes to invest to this highly volatile market and asset, it's the best option to make and have to opt-in with that 100% without doubting it. Those others probably have thought that it had lost its side but it has never.
I think when we talk about “safe havens,” we’re talking about assets that will keep us safe during times of economic uncertainty, not just about bitcoin’s role in the crypto market. Bitcoin is the king of the crypto market and always will be, no one denies that. But despite being the king of the crypto market, that doesn't mean it's a safe haven and plays the same role as gold in the world. Bitcoin has never been and is not a safe haven, it is just a highly volatile investment.
If a person can't be convinced of Bitcoin as a "Safe Haven", even with a zoomed out perspective, then they could probably be convinced of it as a "bet" against the current financial system, AND as I have posted yesterday, a bet that the Federal Reserve/Central Banks around the globe will print more money.
The question for YOU now is, what's the probability that the Federal Reserve and other Central Banks won't print more money? The answer is - ZERO probability.