The covid19 dump

19 mar 2020

Bitcoin has never in it's history ever been through a recession, bitcoin was never supposed to be a hedge against the stock market against popular belief, ever since the 2008 financial recession, the stock market has followed a bull trend for over a decade, bitcoin has just followed the trend with more significant returns, if the stock market keeps dumping and the covid situation get's worse, bitcoin will have no choice but to follow it, right now I consider this a no trade zone, I would wait it out and see what happens.