Given US stocks at/near ATH, what happens to BTC price if there is a major US/global equities ‘correction’? Is it a full BTC recovery after N months because the USFed (if it still exists) goes on a QE binge?
#asknostr
Given US stocks at/near ATH, what happens to BTC price if there is a major US/global equities ‘correction’? Is it a full BTC recovery after N months because the USFed (if it still exists) goes on a QE binge?
#asknostr
Generally yes.
Bitcoin is still a risk on asset.
It trades with 24x7 access and high liqudity though making it the go to sell off on a weekend to shore up margin accounts when calamity strikes.
But it recovers just the same and grows with QE