Post
Topic
Board Bitcoin Discussion
Re: What could be the effect of corona virus on crypto industry?decrease or increase
by
Oilacris
on 02/04/2020, 19:50:05 UTC
basically it has drastically crashed stock markets worldwide.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.

It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
Can you be so sure in talks of bottom prices? That one doesnt fit out here on crypto space yet any support can be anytime be broken out.
Yeah we have seen on how this pandemic affect the traditional markets but doesnt mean that the money would flow here on crypto space
yet we know that people now are prioritizing on cashing out everything for survival.

Adoption is always on the move but it doesnt mean that we would see 10k price in the end of the month although this thing isnt
sure since this market is always been unpredictable.