Bitcoinist.net:

How Bitcoin has Maintained it's Value Compared to Gold and Stocks?

Three weeks ago, as global commodities markets crashed, Bitcoin’s price tumbled more than 40% over the course of a few days. In the face of this collapse, critics derided the flagship cryptocurrency for its apparent inability to hold its value in a crisis. In response, analysts are now presenting data demonstrating that Bitcoin has, in fact, been a stronger safe-haven asset than stocks and gold.

Bitcoin Has Held Up Well During The Current Crisis
Analyst Willy Woo has posted a chart comparing the performance of the S&P 500, gold, and Bitcoin over the past five years. Whereas BTC’s remarkable rise in value during this time is well-known, this comparison reveals that the cryptocurrency’s recent drop in value is vastly less significant during this time frame.
Woo has tweeted:

Visualising what a 50% pull back in BTC price looks…

Click to continue reading on its source location…

Source: https://bitcoinist.com/bitcoin-is-holding-its-value/