Corona virus had a great impact in the crypto market. Even,few days back the market price of bitcoin was more than 10000$ but recently it crashed down to 6000$. Bitcoin market had a fresh start in this year as the market price of all the crypto currencies was higher. But the recent bitcoin market collapse is the lowest market price in this year. Even when the talks of World War 3 and other country problems started,there was no problem in the crypto market.
For now,it would be better for the traders to hold their crypto and wait for the price to increase to avoid loss.I hope this problem will be recovered soon.
Actually 6,000 USD is not the lowest price of bitcoin so far as of this year, it is only about 7,100$, so where do you see the information about 6,000$ mate, make sure that every single data of your post is correct and at least give some proof or evidence of what you are trying to say, the best thing that you must do for bitcoin as of this bear season is to hold your money, if you are investing a huge amount of money, you should hold it until the bitcoin price goes high. There is no best thing than holding your money. That is good in investing because even if the bitcoin goes down, you cannot still lose your money because you can still hold it until the bitcoin goes high again.