Why BTC Is Vulnerable To More Losses?

princesajir
princesajir
Aug 29, 2022 at 11:58
353 Views
2 Replies
Ometara
Ometara
Member Since Aug 10, 2022   8 posts
Aug 29, 2022 at 15:25
As crypto is now more mainstream it appears to correlating to the normal risk assets. BTC will move inline with US stocks from now on. There is downside risk there so there could be further price falls
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sebking1986
sebking1986
Member Since Apr 09, 2019   538 posts
Aug 30, 2022 at 15:08
Ometara posted:
As crypto is now more mainstream it appears to correlating to the normal risk assets. BTC will move inline with US stocks from now on. There is downside risk there so there could be further price falls

I agree, as much as that butthurts some people. BTC is behaving more like stocks when the markets are risk on and risk off. Dollar is pushing it around as it does most other assets.
If you can't spot the liquidity then you are the liquidity.
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SupplyZT
SupplyZT
Member Since Jun 29, 2022   26 posts
Aug 31, 2022 at 15:06
Part of the problem if you will as been viewed as an asset which it is .
That and the institutions are pulling at its strings welcome to mainstream adoption!
Keep it country
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