Why BTC Is Vulnerable To More Losses?

Ometara

เป็นสมาชิกตั้งแต่ Aug 10, 2022 6 โพสต์

Aug 29, 2022 at 15:25

เป็นสมาชิกตั้งแต่ Aug 10, 2022 6 โพสต์

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

เป็นสมาชิกตั้งแต่ Apr 09, 2019 516 โพสต์

Aug 30, 2022 at 15:08

เป็นสมาชิกตั้งแต่ Apr 09, 2019 516 โพสต์

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

เป็นสมาชิกตั้งแต่ Jun 29, 2022 25 โพสต์

Aug 31, 2022 at 15:06

เป็นสมาชิกตั้งแต่ Jun 29, 2022 25 โพสต์

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	1.13294	GBPUSD	1.33156	AUDUSD	0.64513
USDJPY	143.113	USDCAD	1.38212	USDCHF	0.82368

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