BTC and Stock vs Oil price

[Rubick99]

It's not affected bitcoin prics anyway, oil get dump because there are so many supply in the inventory make its has no price. Corona virus make people not using many oil as much as before because many country in lockdown situation.
Stock price get dump because they're not operating as before, the company not productive anymore, so its affected stock price as well. But bitcoin still alive whatever the situation happen.

[1714958752]

1714958752

[1714958752]

1714958752

[1714958752]

1714958752

[brotherwood12]

it depens on investor , and investor about that two are different i guess , so oil price will not affect bitcoin but covid - 19 will, i belive

[greenlanternlight01]

The stock market is impacted heavily due to the drop in oil prices. Do you all think it will impact the BTC prices as well?

Somehow this is becoming a reality, stocks and crypto goes down and same in oil prices. Then all of a sudden BTC gets a slight increase and same goes to oil price, but not literally with stocks. This is just my opinion, but as far as I can see, these are really related with each other.

[Vishnu.Reang]

Somehow this is becoming a reality, stocks and crypto goes down and same in oil prices. Then all of a sudden BTC gets a slight increase and same goes to oil price, but not literally with stocks. This is just my opinion, but as far as I can see, these are really related with each other.

In the past, I have noticed a correlation between the stock market performance and the BTC exchange rates. But I don't think that there is any relation between oil prices and the Bitcoin exchange rate. I have checked the charts by overlaying these two, and I couldn't notice any such relation. But BTC exchange rates goes up whenever there is a spike in the stock market.

[FanEagle]

Investor for all of them could always be very different people and could be the same people as well, it is not really all that interesting. Some people like to put their money into different stuff, so those people put their money into stocks, into bonds, into oil, into gold, into bitcoin and many other things because they like to diversify their portfolio and I totally respect that, or they could be simply just a bitcoin trader, or could be only stock investor as well.

Just because there are people who invest into both doesn't mean anything so does having people just invest into one thing doesn't mean anything as well. I personally feel like maybe we should not focus on who are the investors but check why do people invest into these things.

[shushu9977]

In our daily life, everything is connected with each other. So, btc may be affected with stock and other things. But the demand of value btc is still going on until the human death.   

[onrise]

it depens on investor , and investor about that two are different i guess , so oil price will not affect bitcoin but covid - 19 will, i belive

Investors want the best returns for their money during any situation. And for those they even exit from one country and invest another even if they get 0.5% better rate. So, I think there would be investors who at this point may have or would be thinking to change their strategy and exit the oil and invest in crypto or some other investment.

[roman100]

I would like to say the bitcoin price day by day increase so if you even though there are no trading sessions that account for more or less volume, there are certain parameters to take into account before buying cryptocurrency. According to multiple analyses on average daily bitcoin prices, Sunday and Monday are the best days to buy BTC.