ilmscore | Prediction Details
"what I have noticed is that when Bitcoin crashes small caps also suffer we saw this in what was it I can't I think it was December of 2018 we had a crash in cryptocurrency and all of a sudden small caps went totally dead we saw it through the pandemic cryptocurrency surging and then when FTX went under and we had this collapse in the cryptocurrency markets small caps were also dead so they seem to trade similarly"
By Ross Cameron - Warrior Trading | November 11, 2024 | Pending
From video
RECAP: Day Trading Breaking News 00:01:35 - 00:02:04
Interpreted Prediction
Historically, small-cap stocks have shown a tendency to suffer when Bitcoin and the broader cryptocurrency market crashes, and conversely, surge when cryptocurrencies rise. This correlation has been observed in December 2018 and during the pandemic, including the FTX collapse.

Prediction Details

Topic
Cryptocurrency and Small Caps Correlation

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.