[Individual opinions] stocks markets crashed 50%, can bitcoin crashed to $23979?

[Oshosondy]

This is just for fun and to know if stocks prices are correlated with bitcoin prices like some people have been saying.

Sticks increased significantly which will all know, the possibility of stocks to crashed 50% is very low, so we are not expecting this to happen. Let us assume stocks crashed 50%, do you think this guy is right?

https://x.com/i/status/2068477244717007351

[Curious T]

The thing about human behaviour is that it's difficult to predict how a group of people would react. We all thought the war between the US/Israel, and Iran would sink Bitcoin, but while stock prices were dropping, Bitcoin was increasing, at least for a short while. So it might be possible that if the stock market crashes, investors might take out their money and put in Bitcoin or Bitcoin investors may also panic and take out their money.

One thing we have to consider is the cause of the stock market crash. It's something that directly affects Bitcoin; the Bitcoin market might react negatively, but if it's something that affects the stock market alone, it might not affect Bitcoin that much.

Something like an AI bubble burst will affect Bitcoin negatively, in my opinion.
If a selling frenzy creates a ripple effect of continued selling in the stock market, then it may not affect Bitcoin because there was no foundational problem. It was just panic trading.

[Dave1]

This is just for fun and to know if stocks prices are correlated with bitcoin prices like some people have been saying.

Sticks increased significantly which will all know, the possibility of stocks to crashed 50% is very low, so we are not expecting this to happen. Let us assume stocks crashed 50%, do you think this guy is right?

I don't know if there is a relationship between Stocks crashing to 50% and then having it's effect on Bitcoin to go down that low. On the contrary, if stocks crashes then those investors who have sold might have to find another assets to move, so it's either crypto, including Bitcoin and precious metal.

So I don't think this guy is right, but who knows, maybe there could be black swan events that will put a huge dent on Bitcoin. And if we go on history, every bear market, there is some unexpected event for us to go and experience lowest lows but I don't think that we can go that low though.

[Minor Miner]

I don't know if there is a relationship between Stocks crashing to 50% and then having it's effect on Bitcoin to go down that low. On the contrary, if stocks crashes then those investors who have sold might have to find another assets to move, so it's either crypto, including Bitcoin and precious metal.

So I don't think this guy is right, but who knows, maybe there could be black swan events that will put a huge dent on Bitcoin. And if we go on history, every bear market, there is some unexpected event for us to go and experience lowest lows but I don't think that we can go that low though.

That could happen, but the chance is pretty low. Because, in reality, cryptocurrencies are still considered a risky market like stock, not a safe haven like gold. If the stock market falls 50% for any reason, money tends to flee risk assets altogether, rather than simply rotating from one to another.

The stock market has a huge impact on the economy. If it collapses and fall by more than 50%, that would be a disaster and an economic recession would be inevitable. Lets hope that does not happen.

[Comeacross]

One thing we have to consider is the cause of the stock market crash. It's something that directly affects Bitcoin; the Bitcoin market might react negatively, but if it's something that affects the stock market alone, it might not affect Bitcoin that much.

Something like an AI bubble burst will affect Bitcoin negatively, in my opinion.
If a selling frenzy creates a ripple effect of continued selling in the stock market, then it may not affect Bitcoin because there was no foundational problem. It was just panic trading.

I agree with this. It depends mostly on the reason behind the market move. If the cause is macro, it'll affect them both and crash together but if it's local, they'll go in diverse directions. Unless there is recession, 50% crash is not likely to happen but it doesn't mean it's not possible. We should expect even worse from something we all agree that it's high volatile.

[JaanusRaim]

The last time stocks fell more than 50% was in 2008 – so we don’t have that kind of experience with cryptocurrencies yet. The biggest stock drop in recent memory was in March 2020, when the S&P500 fell 33% (from 3,400 to 2,300) in one month from February 14 to March 14 – the price of Bitcoin fell about 50% (from $10,000 to $5,000) during the same period.

So, while such big stock crashes are relatively rare, they are definitely worth waiting for. I am 99% sure that Bitcoin will fall below your suggested $23,979, and probably much lower...
For me, altcoins are much more interesting because unlike Bitcoin, they have no bottom at all. Moments like March 13, 2020 are some of the sweetest

[Don Pedro Dinero]

Let us assume stocks crashed 50%, do you think this guy is right?

https://x.com/i/status/2068477244717007351

It’s certainly possible. If the stock market suffers such a slump, it’ll drag the rest of the sectors down with it, and Bitcoin – which isn’t exactly thriving at the moment – is bound to drop significantly. That exact figure might well be right, but I think it could even fall further, down to $17,000 or thereabouts, which was the low point of the previous cycle. It’s an idea that’s been doing the rounds recently.

[Aanuoluwatofunmi]

How I wish I could draw a table to compare the market crash in some of the traditional assets and compare them to bitcoin market crash and see the rate at which losses are more vested on the traditional assets, one thing people don't understand is that, losses has been happening for quite some ages and this does not only got limited to crypto investment, we have always been having it with traditional assets and the rate at which they implication occurs is more overwhelming in local assets compared to crypto.

[Nrcewker]

The guy just wanted some attention, so he posted that. We all know that Bitcoin can’t drop that low anymore. If this were 10 years ago, there might have been a slight chance that Bitcoin could have fallen that much, but not in the current market.

Bitcoin has a fixed and limited supply. We’ve already seen its value when it crossed $100k usd, so smart buyers are always watching the market. Whenever they see the price drop, they tend to buy Bitcoin in large quantities.

As we know, when there are large buy orders and the supply is limited, increased demand pushes the price back up. So, both technically and practically, even if Bitcoin were to fall by around 10%, the sudden increase in buying demand would likely drive the price higher again.

[aoluain]

Let us assume stocks crashed 50%, do you think this guy is right?

https://x.com/i/status/2068477244717007351

It’s certainly possible. If the stock market suffers such a slump, it’ll drag the rest of the sectors down with it, and Bitcoin – which isn’t exactly thriving at the moment – is bound to drop significantly. That exact figure might well be right, but I think it could even fall further, down to $17,000 or thereabouts, which was the low point of the previous cycle. It’s an idea that’s been doing the rounds recently.

Agree, its possible as is almost any market prediction really.

Like every other Bear market and Bull market actually, the OP has posted just another
speculative prediction. I think if anyone studys the market long enough and with X amount
of detail and analysis a multitude of predictions could be made (precicely whats happening now)

The Bitcoin market to some degree does follow the stock markets so its possible that it will
continue to do the same.

Of course the Bitcoin market isnt thriving ATM - we are in a Bear market!