Recent crises are testing the abilities of Bitcoin. The adoption of
Bitcoin is increased as people are stuck at home they are looking for better solutions to transfer remittance and for purchasing.
Many countries are using blockchain technology to fight against the pandemic.
Why the price of Bitcoin is still down?
increase the adoption but the market stays low so who adopted afterall?
Not because people are entering the forum and the accounts are growing meaning adoption is happening because look at the volume.
The Covid-19 has really created awareness to many people coming to know about bitcoin as the #Stay@home is causing the rise in people sourcing for alternative source of income and sending money. I think if the pandemic last a while which we don't pray for, Bitcoin will surely be given that global attention
Well if people are entering here just to make profit then we are in the wrong way because they must learn what is this first before investing,this is the reason why the market can be dumped by the whales easier because those whoa re investing here are only seeking profit and when the value falls they are withdrawing faster added to make the market downfall starts.