Three days ago,some analysts were talking about a V-shaped price crash,which means big and fast crash,followed by fast price recovery.I don't agree with that.The price movements will be more like W-shaped.After the initial price crash there will be a small recovery followed by another price correction.Anyway,this is just a hypothesis and I'm not a guru,expert or market "oracle" analyst.
Based on what I hear in the news,the coronavirus panic is slowly decreasing and the global stock markets will recover,crypto markets will follow this trend as well.