Why BTC Is Vulnerable To More Losses?

Ometara

Uczestnik z Aug 10, 2022 6 postów

Aug 29, 2022 at 15:25

Uczestnik z Aug 10, 2022 6 postów

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

sebking1986

Uczestnik z Apr 09, 2019 516 postów

Aug 30, 2022 at 15:08

Uczestnik z Apr 09, 2019 516 postów

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.

SupplyZT

Uczestnik z Jun 29, 2022 25 postów

Aug 31, 2022 at 15:06

Uczestnik z Jun 29, 2022 25 postów

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

EURUSD	1.1356	GBPUSD	1.33421	AUDUSD	0.64778
USDJPY	143.324	USDCAD	1.37868	USDCHF	0.826

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