Hello, late to all this doom & gloom news, had my head stuck in the sand for a while been busy. Just got out of it and hear this corona virus thing causing markets worldwide to crash even oil markets. Questions:
Covid-19 virus recently caused the crash of btc over a week ago?
Government saying this virus hype can last till next year, meaning Btc crash will be sustained to new lows this year similar to a virus bear market till next year when the virus fear hype is over?
Will Btc halving this May coming will get us out of this virus bear market?
Whats covid-19 virus got to do with Bitcoin? Its not a computer or blockchain virus that attacks btc so why Btc crash?
In global recessions/depressions/global economic meltdowns people turn to gold/silver and digital gold such as bitcoin so why bitcoin crash and gold market not crashing in times like these?
I think you have a point that the covid19 is the reason or cause the crash of bitcoins value because of this pandemic everyone is worried and others get panic ,so if they have bitcoin ,they surely sold it just to buy foods and other important needs during this time. But on the other side ,most people that have bitcoin will surely do trading and investing while stay at home and can't work outside to make money. Whatever the effect of covid19 in crypto space,bitcoin will remain valuable.