Post
Topic
Board Bitcoin Discussion
Re: What could be the effect of corona virus on crypto industry?decrease or increase
by
minairia3
on 03/04/2020, 05:58:30 UTC
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.

We are already a month away from May but still we are down by $3k, I am not pessimistic guy about this but this is purely speculation. The effecy of good news still outrun by a crisis that been experienced. Conclusion not always end up correct but still, we should be wary of much better reasoning. These are fundamentals we are talking about. Stocks are down get it. But it doesnt mean investors will jump ship on crypto right away.

The whole world is in shambles right now. Only the skeleton of the economy is up and running, mostly from food and healthcare industries and nothing else.
Precisely, if the crypto industry can move like thunder, then those down firms can recover but thats not the case as many are saving face and even funds here for a longer effect of corona.