RE: We Might Have Some Volatility in the Markets Today

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Yea i second that, the whole weapons story is just to take money and make rich the usual people... Do you think LA events spreading to other cities will hurt btc?

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Do you think LA events spreading to other cities will hurt btc?

Hard to say. Most stocks usually go down when there is social unrest. If the correlation between stocks and BTC remains, so will crypto at some point. But maybe they won't be as correlated, at least for a while. We need a proper end of the bull market...

On the other side, gold goes up when things don't look well. Fiat of the country usually doesn't feel very well in these circumstances either, so people will look for alternatives to place their investments. So, if bitcoin's price correlates more with gold than with tech stocks in these circumstances, it will go up.

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Rumors about big protests for the 14th against the military parade... Interesting days ahead

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Hmm... The US has a military parade? Since when? Either way... looks like volatility-generating events may keep coming. NATO summit comes in two weeks too with some big decisions, they say...

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