Opinion: Bitcoin is currently not a safe haven when stock markets fall, and its mid-term performance may be consistent with overall stock market trends
According to online reports, YouHodler Marketing Director Ruslan Lienkha said he claimed the market is undergoing a correction and may evolve into a medium-term bearish trend. Lienkha: "Uncertainty is reaching a local peak, prompting traders to temporarily close positions. Typically, the bond market, especially U.S. Treasurys, is a safe haven for investors during periods of deepening recession expectations." When asked about the feasibility of Bitcoin as a safe haven in the current market environment, Lienkha expressed doubts. He said: "Currently, Bitcoin is definitely not a safe haven when the stock market falls. Instead, it behaves more like a high-risk technology stock, with high volatility and large price swings. While high volatility may lead to temporary disagreements, Bitcoin's mid-term performance may be consistent with overall stock market trends."
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