Bitcoin vs StockMarket

BITCOIN vs STOCK Market!

By CryptoPk | Blockchaintech | 17 Mar 2020


over the past 24 hours, bitcoin has been on the lash, it's pumped and it's dumped holding on to its supply and will never exceed 21 million dollars of the total supply. Dow Jones and many other stocks have dumped up to 9 to 10% in 3 minutes of the opening market and the stock market was temporarily stoped to tackle the continuous bullish market. While on the other hand Federal reserves in order to sustain the crash they are printing 1.5 trillion dollars of new currency overnight.

Fed to Inject $1.5 Trillion to prevent disruptions

The question is why you expect the crypto market to topple up the crashing stock market other than the limitation of supply of the blockchain tech. The stock market and FIAT can because of inflation due to the nonlimitation printing by the fed reserves.

Donald Trump is printing 700 billion USD in the first place and then they announce another printing of 500 billion USD. so people who consider USD as save heavens should consider buying gold or crypto instead of bogus paper currency which will be worth nothing like a tissue paper if the market crashes more fiercely then the crash of 2008.

Bitcoin and other crypto are still in correction and don't fall below the support at around 3500$ which we have seen previously. Due to the global epidemic of coronavirus initiated from china all markets of the world are falling and on the verge of a crash which the whole world is not ready yet. Printing trillions of dollars by the federal reserves and removing interest by the federal reserves is the biggest early signs of the market crash. And many financial experts are predicting that it may be worst than in 2008.  

Note: I am not a financial advisor, consult yours before investing in any platform. I wish everybody out there to be coronavirus free and may we all pass this epidemic and find the cure ASAP. Good luck!

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BTC Address: 17aMCkNW68gi9pUZ9f13ewpo9PzK6QQPan
ETH/BAT Address: 0x92150e9cbee7dd5c1d6801fb7d116b853eda44c3

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CryptoPk
CryptoPk

Crypto enthusiast and trader


Blockchaintech
Blockchaintech

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