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Wouldn’t recession scare off speculative investors from high risk new asset class? And wouldn’t be institutional investors forced to liquidate positions in case of deep recession ?
That's what I said in part (a.): shorter time-horizon holders can need to grow lower-volatility cash reserves or cover margin calls so they sell. Combine with (b.) is why most alt coins have been selling heavily but Bitcoin & a few other trust minimizing coins have lost little.
![Todor Slavchev[Bitcoin, Litecoin🔑]](https://pbs.twimg.com/profile_images/1166656964308475904/DpMD5hgd_normal.jpg)
