Some thoughts on XBT(BTC) price on March 30, 2020
There are two things to mention on XBT(BTC) price right now.
- Now it’s obvious that there’s no correlation between stocks market and XBT(BTC) price — all coincidences are random.
- Also it’s absolutely obvious bitcoin is not a reserve currency — it’s a speculation tool and private person saving asset. And so called "whales" do not hedge theirs funds buying btc.