I must admit in this bear market what has surprised me the most is how resilient Bitcoin has been.
I do expect it to falter during the fall though.
I do expect it to falter during the fall though.
In the case of Bitcoin I do.If you call "keeping up" to a market that has been down more than 50% in a year I guess we can agree.
View attachment 294343
I must admit in this bear market what has surprised me the most is how resilient Bitcoin has been.
That could be true even if Bitcoin had only taken a 10% hit. I am not talking about correlation. I am talking about thin air still having a huge market value even at this point of the stock market meltdown.What surprises me is certain folks' inability to read a chart. Bitcoin has fallen every time when the market did. There was no resiliency. Zero, nada, zilch...
Put up the Nasdaq and BTC on the same chart and report back that 1-2 times when they didn't correlate.
Bitcoin is goona amaze us very soon .Get ready for a new high .
If you call "keeping up" to a market that has been down more than 50% in a year I guess we can agree.
View attachment 294343
That could be true even if Bitcoin had only taken a 10% hit. I am not talking about correlation. I am talking about thin air still having a huge market value even at this point of the stock market meltdown.