Post
Topic
Board Bitcoin Discussion
Re: Look at the setup that is developing right now for crypto
by
davis196
on 09/04/2020, 12:01:32 UTC
So 3 things:

1)Market optimism is about to explode assuming we are truly moving away from Corona
2) Stimulus Checks
3) Halving

Is this the perfect storm coming?

Yeah,but there are 3 things to consider:

1.We are NOT moving away from corona anytime soon.The coronavirus peak is still to come in UK and the USA.European countries might have already faced the peak,but they have to continue fighting the virus for the next 2 months.
2.The stimulus checks won't turn people into cryptocurrency buyers.
3.The BTC halving doesn't have that big impact over the bitcoin price.The hype around the halving might have been already consumed