What does you guys thinking about the bitcoin fall because of the CORONA Viruses catastrophe? Will bitcoin fall to $3000 in this year of 2020? And what's about the halving?.
Bitcoin almost fell at the $3,000 level until it bottomed at $4,100 and bounce back to $6,000. But, It's not gonna be the time to get comfortable for the price to continue rising since the pandemic are still spreading and the number of cases are still rising in Europe and America.
The block halving maybe the only thing that's holding Bitcoin's price today, If not because of it, we might have seen a worst figure than the last bottom.
There's a lots of possibilities that might take place since the virus still there and is not been cured. Like what you have said halving is one of those reason why holders still trying to survive and keeps their assets.
Bitcoin might fall more if in this virus continue to grow in terms of victims and economy of every nations got penetrated to fall.