So, how is the coming stock market crash going to affect BTC price action.
Remember that the 2008 crash took 18 months to fully bottom. So the exact start is impossible to pinpoint beforehand. But the chart I posted looks very ominous and when you add the current turbulance in the financial markets and the manic warmongering we´ve witnessed over the last year, well chances seem to be excellent that a substantial market decline/crash is pretty imminent.
Remember that the 2008 crash took 18 months to fully bottom. So the exact start is impossible to pinpoint beforehand. But the chart I posted looks very ominous and when you add the current turbulance in the financial markets and the manic warmongering we´ve witnessed over the last year, well chances seem to be excellent that a substantial market decline/crash is pretty imminent.
Didnt one of the grading services just downgrade Russia to junk? I think it takes 2 of the 3 to rate it at that, but usually when one does it, another follows suit.
Yeah, those rating agencies have an excellent record as we know. They have never rated junk as A+ for their Wall St. partners, that´s for sure. Great credibility,
+1