Bitcoin has never in it's history ever been through a recession, bitcoin was never supposed to be a hedge against the stock market against popular belief, ever since the 2008 financial recession, the stock market has followed a bull trend for over a decade, bitcoin has just followed the trend with more significant returns, if the stock market keeps dumping and the covid situation get's worse, bitcoin will have no choice but to follow it, right now I consider this a no trade zone, I would wait it out and see what happens.
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.