How the effects of the global coronavirus epidemic will play out in the crypto markets remains to be seen but as digital gold and as an alternative currency, bitcoin looks well-positioned to withstand the potential storm ahead.
Bitcoin will follow stock exchange. When Dow Jones will go sub 15000, Bitcoin will go sub $5000. Difference will be that Dow Jones will need years to recover back to 30000 points, Bitcoin will need few months to get back to $10000. Yes, the coronavirus will most likely trigger recession and a stockmarket crash beside many other crashes.