If you don't understand the effect of Corona on the global economy ! In the last 8 -12hrs , the US Crude oil is down by 31% , UK oil by 32%, BTC by 12% and more and other trading pair are falling deep. Crude oil seems dead now because they can't export it. Traders and investors needs to be careful now. This might be an unprecedented global recession. Now is not the time for long term Investment in real estate because when it goes bad, all those investment will be sold for pennies. So please hold your cash and follow the news.
Someone will ask that the funds that are leaving crude and stocks, where is it going ? It's simply being rolled into Fiat because everyone is careful of Investing at this time.
Talking about crude oil, I think the main thing that served as a catalyst in bringing down the price is the oil trade war. Coronavirus might have also contributed to it, just like it did to other markets as well. Other stocks like Dow Jones were seriously affected and fell down after a very long time.
Bitcoin was affected and dropped to a very low rate, the least that I expected it to, and that's $3k+. But the good news is that they have all been able to recover and things are getting back to normal now. Some countries now have plans to lift the lockdown so that some people can get back to work. I pray this comes to an end.