Is a Recession Good for Bitcoin? (BTC Future Explained 2020)



Today we are going to examine exactly what we can expect from Bitcoin during a recession. If you would like to be highlighted on my channel please reach out …

46 Comments

  1. Bitcoin (BTC) suddenly fell another 7% on March 16 as a new week opened with fresh coronavirus turmoil across global markets. Bitcoin is trading down just under 22% at its current price of $5,387, which marks a massive decline from daily highs of nearly $6,000 which were set yesterday evening when the cryptocurrency’s bulls attempted to defend it from dropping below $5,700.

    This movement marked a massive extension of the downtrend first incurred by the cryptocurrency just a few weeks ago when it faced a strong rejection at $10,500, and it appears that its break below $7,700 overnight eviscerated all of its support. But it's all based on the fact that I was able to accumulate and grow a very strong portfolio ahead of this day with Morgan Norman's strategy/daily signals. Again, I was able to increase my portfolio by 6.1btc within a month and this has been constant since the past 6 months, I would say no time is ever too late to buy and grow a very strong portfolio. Norman can be reached via Telegram @ Normantrade for inquiries into profitable trading systems.

  2. it's going to get stronger becuz i'll keep on buying all the way down! Bitcoin can't die… it's the antibiotic for the survival of humanity.

  3. Richard Heart said he purchased BTC at $32 and dropped to $2 and he stayed in. This is another such example. I am more afraid of being left behind to sell. I am on the train and I have my seats. I believe this train is bound for glory.

  4. Don't get scammed again… 99% of people here on YouTube are fake except hacker Chris.. If not for his help I would have died in debt. He help me generate 0.90btc btc into my bitcoin wallet and still give me a bitcoin generating software which I will be generating 0.5btc every 24 hours for 7 months contact him he has the real legitimate software :hackerchris88@gmail. com

  5. I agree with Peter Schiff the financial market was not on a bull run it was in an artificially created bubble, he says buy gold I disagree and say buy Btc!

  6. This is literally what Bitcoin was created for.

    There was a message embedded in the Bitcoin Genesis Block that said: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks."

  7. My exact sentiments overall. I think the markets bounce tomorrow. Short term. We ride it back up to regain the trend. This all then appears as just a crypto anamoly. Confidence restores. Market retraces after the halving. We will already be boarding the rocket ship. Everyone will jump aboard. Just how i see this playing out.

  8. That’s funny, I’ve been a subscriber to Stansberry Research for years. You obviously aren’t, they’ve been bullish for the most part since 2010. It’s inaccurate statements like that that seriously make me question if I should continue to subscribe to you.

  9. I think we have one more month of implosion and then bitcoin will trickle up to 10k. Cryptocurrency, gold, silver and dollar is not meant for global pandemic and fear. Btc is meant to go agaisnt the dollar and gold not a virus. Yes, the media is hyping it up, that the US is going to quarantine for a year. Good video. My top 5 to buy in one month BTC, ETH, Chainlink, Tezos and DASH.

  10. Great content as always! Though the coronavirus caused a historic fall in global markets—crypto markets included— pundits still argue that now is the right time to buy Bitcoin and trade, rather than sell. It's smarter to earn profit and stack up in this bear market by getting your holdings into the active trading market from which I have grown my portfolio from *2.9btc-11btc already, with the help of Mr George Wallace’s trading guide and signals, Which have been lucrative trading with. if you are looking for a way to increase your portfolio or investment, Contact him via Telegram @Georgewallace11

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