Bitcoin has never lived through a recession. But that doesn't mean we can't make some educated guess on how it will behave.
Bitcoin is an option on digital gold. Gold miners in exploration phase are an option on a gold mine. In that case you might want to compare to GDXJ, that's the junior gold miners ETF, many of which are still in development mode.
... I just looked and it behaves like a high beta gold.
Bitcoin is an option on digital gold. Gold miners in exploration phase are an option on a gold mine. In that case you might want to compare to GDXJ, that's the junior gold miners ETF, many of which are still in development mode.
... I just looked and it behaves like a high beta gold.