Hi All - What are your thoughts on where Bitcoin is headed in a recession? I know many of us aren't price-focused, but I bring this up because Bitcoin was born out of the wake of the last recession. It never has seen a true recession-like scenario except maybe in March 2020. I think that it will go lower and trend along the S & P & the Nasdaq.
I know many are saying that it is a store of value, but I don't agree with this statement over short periods. Maybe over 4-year epochs it is - but this thing still is a hyperactive asset acting as a positive catalyst or a negative omen on whats to come.
Best,