Just a coincidence?
Hello Traders,
It seems that Bitcoin, Silver and Gold are reverting its downtrend to uptrend while the S&P 500 continue its downtrend. That would be the first evidence that Bitcoin really is a protection asset for crisis exactly like it was project for the Satoshi Nakamoto. If we compare the market behavior during other crises like the 2008 crises and 2000 crisis. It is possible to note that Gold and Silver tend to recover it uptrend faster than the stock market and that is why they are recognized as a protection assets.
2008 Crisis
2000 Crisis
It happens due to the flight for quality effect which is consisted by the looking for low risk assets for the investors in order to protect their funds. Although, it is extremely volatile the bitcoin fundaments likes its powerful networks, its high liquidity, no correlation with the government, high portability and its low inflation rate. Potentially makes bitcoin a safety asset.
Maybe it is the beginning of a new age for bitcoin when finally it will be recognized as digital Gold.
Please, push like button and follow us in our social medias.
It seems that Bitcoin, Silver and Gold are reverting its downtrend to uptrend while the S&P 500 continue its downtrend. That would be the first evidence that Bitcoin really is a protection asset for crisis exactly like it was project for the Satoshi Nakamoto. If we compare the market behavior during other crises like the 2008 crises and 2000 crisis. It is possible to note that Gold and Silver tend to recover it uptrend faster than the stock market and that is why they are recognized as a protection assets.
2008 Crisis
2000 Crisis
It happens due to the flight for quality effect which is consisted by the looking for low risk assets for the investors in order to protect their funds. Although, it is extremely volatile the bitcoin fundaments likes its powerful networks, its high liquidity, no correlation with the government, high portability and its low inflation rate. Potentially makes bitcoin a safety asset.
Maybe it is the beginning of a new age for bitcoin when finally it will be recognized as digital Gold.
Please, push like button and follow us in our social medias.
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