Will $BTC doom 📉 if a semiconductor crisis happen ? what could be the consequences on the crypto market ? Let’s develop a bit :
I won’t teach you that TSMC the biggest semiconductor maker ☝️. TSMC has security system in case of emergencies they can remotely destruct 💥 🖥️ the EUV machine* (the machines use to make semiconductor).
*source: https://www.tomshardware.com/tech-industry/tsmcs-euv-machines-are-equipped-with-a-remote-self-destruct-in-case-of-an-invasion
If they destroy them all, the tech market will dramatically doom ! Remember of GPU shortages during 😷 ?
It’ll be a joke 🃏 compared of what’s is coming. So if AMD,Intel,Nvidia has no GPU/CPU to sell the stock market of semiconductor will plunge… and there is a high correlation between the nasdaq and the $BTC **.
**source : https://www.nasdaq.com/articles/understanding-bitcoin-nasdaq-100-correlations
So the crypto market will plunge with off course a panic selling that gonna make it worst 😱
But …. In each crisis there is opportunities, it’s just our work to be calm enough to take it 💰 👀
Let me know your point of view in the comment section. Hope you enjoy and learn during the reading 📖.