Price and hash rate correlations during bitcoin bear markets. 2011: 0.34 2013: -0.49 2014: -0.78 2018: -0.76pic.twitter.com/ql4aMjyp6g
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Significantly breaking the Feb 5th low.
strap onto your seat belts
as in I think we’ll break the Feb low
I would tend to agree with @ansellinder. A true bear market is when bonds/equities are in true bear mode. 1-3% annual returns.
Entirety of Bitcoin's existence is during massive QE. I wonder what happens when there is a recession.
PS: Just thinking aloud. :)
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