Thank you for the question. Concerning bitcoin, we should expect it to perform similarly to gold. Both in 2008 and 2020, gold had a strong but brief sell-off within a bull market. I don't expect bitcoin to behave like it did in 2020, due to less internal bitcoin exchange leverage and more traditional market depth.
What can we expect during deep recession?
Thank you for the question. Concerning bitcoin, we should expect it to perform similarly to gold. Both in 2008 and 2020, gold had a strong but brief sell-off within a bull market. I don't expect bitcoin to behave like it did in 2020, due to less internal bitcoin exchange leverage and more traditional market depth.