Global Recession Scenario - Deflationary Dip for Bitcoin FIRST Before Moon?

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(Edited)

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GEO XRP asks "Do you think there will be a delay in BTC price increase following the crash?"

Here's my response!

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I think your spot on but let’s not forget silver. Thanks mike

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I really in agreement with you, I think bitcoin will be pretty good this year to end, but can't actually predict the market price. I watched your video well and you show much interest in bitcoin business. Thanks for such explanation!

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Yes, it happened in 2008. When a major crises happens, everyone will flood to liquidity first and sell everything. It happened to gold and silver at that time also but a year after that, we are going to moon 🤑

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It is already starting if you look at Gold and Silver starting to catch demand for store of value purposes. Once bitcoin is put back in the spotlight, it will gain better prices pretty quickly.

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Bitcoin has a lot of room to grow in this space. With the traditional markets facing crisis , negative yielding bonds and currency markets losing value . Recession is ahead so people would prefer to buy a store of value like Bitcoin . They would not look for coins that would 100x in price. During a recession people don't like to take risks . So if recession hits Bitcoin will be bullish and the of it's price will action will be fueled by the recession.

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