At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.
Bitcoin in the situation with coronavirus behaves the same as all world official currencies - a crisis is a crisis. Of course, we are expected to rise after all that collapse, but I am sure that this will happen in about six months - not earlier.
But the thing here is that the pandemic is not the major cause of the dump of bitcoin. There are other causes of this dump and I think that is the dumping of bitcoins of the PlusToken scammers. They are moving a lot of bitcoins to a lot of wallets and put it into mixers. After the huge fall back at $5K, after a day, the price went back to $6K so I don't think it will last 6 months since we will be also having the halving.