Hello, late to all this doom & gloom news, had my head stuck in the sand for a while been busy. Just got out of it and hear this corona virus thing causing markets worldwide to crash even oil markets. Questions:
Covid-19 virus recently caused the crash of btc over a week ago?
Government saying this virus hype can last till next year, meaning Btc crash will be sustained to new lows this year similar to a virus bear market till next year when the virus fear hype is over?
Will Btc halving this May coming will get us out of this virus bear market?
Whats covid-19 virus got to do with Bitcoin? Its not a computer or blockchain virus that attacks btc so why Btc crash?
In global recessions/depressions/global economic meltdowns people turn to gold/silver and digital gold such as bitcoin so why bitcoin crash and gold market not crashing in times like these?
Panic created from this virus spread caused the crash of btc.
Possibly we may see new lows or new high on crypto prices so it all depends on how investors react to this.
Bitcoin is not related to virus but it related to people and people are getting affected with corona so bitcoin is also getting affected.
Gold market still faced red path but not as others because it is existing here for centuries but bitcoin is only over a decade.