When there is a next recesion, like the one in 2008, and if you know something about economics you know its comming, how will the bitcoin price behave? Will it go lower or higher?
I belive it will go lower, at least for some time (few months probably) and then it could be a different storys, but the first move, lasting for few weeks or months will be a move down.
What do you think, im asking in preparation, so i know what to do (buy/sell, after/before etc.)
we are still in the same recession, obama said it correctly last night on 60 minutes: wages are not keeping up with inflation, in fact they are going down. no one has a dime to spare, let alone to buy btc with.
people in the us especially live on debt/credit cards. they are for the most part not interested in using btc for commerce (right now)