Since launching in 2009, bitcoin is yet to experience a bear market in stocks.
What happens to crypto and especially altcoins if the Nasdaq declines further and longer than most expect?
Look at the 48-month moving average. Prices haven't closed below it since 2009.
Bitcoin has only experienced low inflation and zero-bound interest rate policy.
What happens if inflation doesn't go away? What if interest rates begin to normalize?
Bitcoin launched in January 2009 at the bottom of a bear market; it's only known number-go-up.