i see btc kind of like gold, during deflation the primary exchange currency is likely to gain prominance and purchasing power is increased. the downside effect of deflation is ALL assets are hurt except for reserve currencies (DXY) and reserve currency equivs (treasuries). deflation okay so whats the big deal, its the sinkhole psychology that creates a loop with in the economies involved. to battle inflation easing is likely to come, helping to inflate risk assets like gold and bitcoin...etc. so with the world on edge of collapse. i dont see btc as a prime target. however when easing/interest rate easing begins to happen in the US i will consider it
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.