this dip reminds me of 2022 when both bitcoin and the stock market were crashing. Back then i sold all my stocks and was putting it all into bitcoin. I remember the stock market recovered first and it felt like i missed out, and it wasnt until a bit later btc recovered and i made big money. But if the same were to happen isnt it smarter to use all your money to buy the stock market dip and once it starts to recover you transition the money into bitcoin? i know we cant time the market but im curious on what you guys think
Which is likely to recover first: Bitcoin or the stock market?
byu/Important_Ad1912 inBitcoin
Posted by Important_Ad1912
3 Comments
To be honest I thought the potential weakening of the “petrodollar” caused by the war might raise BTC’s relative value, so at this stage I’ve no idea
Bitcoin
Well seeing how much lag there was for the stock market to fall I say Bitcoin. A bullish divergence seems to be forming on the weekly RSI.