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I guess Bitcoin people will also take their chances if a real turmoil is to happen. Bitcoin people are more educated and they know we are not gonna see a recession very soon even with Trump going ballistic with tarrifs.
What are the chances of a sharp decline back to $2500?
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Gold or Bitcoin at $2500?
Don't be so sure about the recession, either. Declaring a recession is partly political and the people responsible for doing that hate Trump. If it's close, they'll shout "Recession!".
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Gold or Bitcoin at $2500?
What! Bitcoin isn't going to $2500 even if the world goes upside down.
I'm so sure that there's no recession around the corner.
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Legacy asset that people understand is a hedge against economic turmoil.
Plus, gold was already starting to move in preparation for Trump's tariffs.