Has Bitcoin Decoupled From The Global Finance Market?

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Bitcoin seems to be decoupling from the global financial markets. We discuss the failure of the central banks, the collapse of confidence in currencies, the potential long-term length of this pandemic, and the impact that will have on financial markets as well as supply chains and labor markets.

References:


Economy and Government run out of fuel:
https://www.ccn.com/dow-jones-in-freefall-as-wall-street-begs-for-stock-market-shutdown/
Inflation out of control:
https://cointelegraph.com/news/congress-proposal-to-give-everyone-2000-mo-strengthens-case-for-bitcoin
Gold Safe Haven No More?
https://www.trustnodes.com/2020/03/18/gold-crashes-as-shops-close-bitcoin-still-open
BTC's Opportunity
https://cryptopotato.com/bitcoin-price-analysis-is-this-the-day-bitcoin-had-been-waiting-for-11-years/

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Has Bitcoin Decoupled From The Global Finance Market?

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31 comments

  1. No it hasnt… Tether is printing more Tether which is TEMPORARILY pumping crypto market. Don’t get duped.

    Tether machine going BRRRRRR

  2. BTC plunging near 50% is pretty much in touch with the market. I don’t see any decoupling yet.

  3. i think this uptrend is going to be temporary… not buying into it. Have buy limit set and waiting, aside from my DCA. 😀

  4. China’s infection decreasing, people going back to work, CHinese govt plan on massive stimulus. US govt plan on weakening the very strong Dollar.

  5. J par, have u ever heard of a dead cat bounce? Crypto didn’t really have one this crash until today 😉

  6. I hope this is a dead cat bounce because I want prices to go much lower so I can buy loads of crypto. I’m a bit paranoid that I might miss the opportunity of buying at very low prices.

  7. It will only happen if this bounce doesn’t hold after Sunday! If we hold, the weekly will close with a Dragonfly Doji, which is a massive bounce signal!!

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