Post
Topic
Board Bitcoin Discussion
Re: How Coronavirus affects Bitcoin and when it will end
by
LogitechMouse
on 18/03/2020, 12:40:32 UTC
It is safe to say now that coronavirus was behind the markets crash, stock, oil as well as Bitcoin.
Its obvious that yes it affected ALL of the markets on the world but on Bitcoin, it has a less effect on it. What really makes the price of Bitcoin to go down is the leverage exchanges which the longs on the exchanges got liquidated making the price to go down. There are some videos on youtube saying this and there are some proofs on it.

So how does this affect the markets?
No need to say since we saw how it affected all of the markets already.

Well, with the current trend that is happening right now maybe it will truly happen. Many countries are helping each other already to prevent this virus to spread from researching for a cure for this shitty virus to sending protective equipment for our frontliners (nurses, doctors and all of the health staff).

Be patient until June and then buy.
If this really happens then the "history repeats itself" of Bitcoin will be destroyed because we saw in its past 2 halvings that it went up as the halving goes near but now it is the opposite that is happening because of this stupid virus.