even if bitcoin were to have a much longer sideways trend (which i don't give it a high possibility) bitcoin is capable of outperforming every other asset in the world specially since some of the markets like the stocks market have not been having such a good time lately and there is also an expected recession on the way...
re: the expected recession---we've seen how the opinions of "experts" often turn out with the bitcoin market. the same goes for the conventional markets. with so many "experts" expecting a recession and stock market crash, i'm becoming confident it won't happen, not for several years anyway. i think stocks were due for a major correction and the drama with trump, china, and the FED helped catalyze it. that's all.
the economic data continues to promote the idea that growth is slowing down, but still healthy and continuing. that's not a recession and it's probably not going to push investors into triggering a bear market in stocks either.
