its been stated now, that during April, if BITCOIN can remain above $7700, we are looking at $8500 as the next stop. If countries slowly eliminate COVID completely, will it help boost bitcoins price even further or serve to deter bitcoin from increasing?. This is when the governments have no more COVID to worry about and focus on rejuvenating their economy. They would start implementing their own CBDC and digital currency like China probably this year as well. Will this be the true cause of the fall of bitcoin, or will bitcoin and crypto be integrated into their banking system?
COVID-19 can't be eliminated completely.All the countries probably could create a cure and a vaccine against COVID-19,but the virus will continue to exist in the nature and it will continue to infect people.
The CBDC topic has been discussed multiple times before and still there's no evidence that any central bank in the world will successfully create a fully functional digital currency.
China will be too busy with their continuing trade war with the USA.Trump is mad because of the corona pandemic and wants to blame China for the virus.I don't think that China will launch a CBDC anytime soon.