Bitcoin Crashes Below $8,000 | Oil Plummets 34%

Haere 25 usdt

Best Crypto Exchange – 0,08% utu

Today we discuss the Bitcoin and crypto market flash crash that saw 10% retracements across the board. Investors in every industry seem to be panic selling, and we draw comparisons to the Oil markets which have also experienced their worst shortfalls since 1991. This has all been largely sparked by Coronavirus fears, but has also resulted following tensions between Russia and OPEC nations, as well as pushes by Saudi Arabia for greater market share.

We end the video with an optimistic multi-year price projection for Bitcoin.

Tohutoro:

https://oilprice.com/
Oil crashes by most since 1991 as Saudi Arabia launches price war
https://www.cnn.com/2020/03/08/investing/oil-prices-crash-opec-russia-saudi-arabia/index.html
Oddgems BTC price prediction:

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Bitcoin Crashes Below $8,000 | Oil Plummets 34%

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Created by Sara Bauer and Richard Abermann

26 kōrero

  1. we better be getting some fuel reduction in the UK, bloody companies here like to delay the benefit to consumers..

  2. yes. sounds like a doom day movie. i have a job and not to worried. I am buying more. been in this since 2017. I have been up and down over the years. there is risk in any investment.

  3. Safe haven assets aren’t decided on such short time frames, I thought that would have been OBVIOUS, why would anyone question that status on a week’s move? If something else didn’t move would you suddenly sayoh it’s a safe haven!” No, it’s the fundamentals that decide.

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