Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: cheezcarls on December 23, 2019, 09:52:44 AM
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Outspoken investor John Hussman claims that we are on the brink of stock market collapse. He argues that even a 50-65% market crash this cycle is “somewhat optimistic.” What would such a collapse mean for Bitcoin?
This month, the U.S. economy posted its longest period of expansion in its history. This is now officially the longest period its economy has gone without a recession. While there is room for celebration, such a fact should cause us to worry: is the current growth sustainable? According to some financial analysts, we could be in for a serious correction and, even worse, could see a complete wiping of almost all the gains we’ve had thus far.
Click here to read the full news (https://beincrypto.com/stock-market-may-see-its-worst-12-year-return-in-history-what-does-it-mean-for-bitcoin/?utm_campaign=amba&utm_medium=social&utm_source=altcoinstalks&utm_content=jc)