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RE: Bitcoin Dominance, Nasdaq Correlation and The Bear Market

in LeoFinance2 years ago

Well... its volatile... we have to see if it falls below this 20,000$ level...lot of macro economic headwinds to tumple prices of all asset markets and remember this is BTC's first experience of a proper recession market...so it will bahave differently than what we expect.

If it were not for recession, BTC's lows would have been somewhere reached by now and 30,000$ ...it would have found support... but since its recession, its bearish for all assets...

we will get to see if BTC's gold 2.0 perspective plays out... as well