Friday, 4 September 2020

If the Stock Market Opens Red Tomorrow, Expect Massive Dips in Bitcoin; Bitcoin Growth/Dip == Stock Market

As the title suggests.

I see posts of people asking whether to buy or not. No one knows but one thing is for sure, but when the election comes around in one month and stimulus starts drying out the stock market is going to crash, the FEDs can't QE forever. With that being said, Bitcoin follows the stock market. Today the stock market, dropped near 4%. Bitcoin dropped 8% and in the plague like dips in March/April. Bitcoin just doubles the dips of the stock market.

Source: My ass.

submitted by /u/rotaryfurball
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