Bitcoin To Be Risk-Off??

How high does the Bitcoin price have to go before we see the volatility reduced and we see it behave as a more risk-off, somewhat stable asset that grows gradually over time? A quarter of a million dollars? All the way to seven figures? It's definitely a lot higher than we are now!

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Bitcoin To Be Risk-Off??

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3 Comments

  1. Better become a “Store of Value”, that’s all it has. Certainly isn’t a currency replacement like it was originally touted to be.
    Just wondering though, is not ALL cryptos a “digital store of value”? Does not bitcoin have ANY other distinguishing attributes to set it apart?
    Or is it just a first generation (old/outdated) speculation token with no use case?

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