According to the Reuters, China is successfully fighting Coronavirus and they reported that more people are cured from the virus than died.
It is safe to say now that coronavirus was behind the markets crash, stock, oil as well as Bitcoin.
So how does this affect the markets?
If it's to be trusted, China says the pandemic should end around June:
https://www.reuters.com/article/us-health-coronavirus/trump-stops-europe-flights-china-says-coronavirus-could-end-by-june-idUSKBN20Z0DYUntil then, you can count on prices dropping. When you look back at it, prices started dropping around the same time coronavirus was introduced by the media and fear started spreading.
If we are to expect the fear continues into June, prices should keep falling until June.
Be patient until June and then buy.
We should learn to live with Corona for our entire lives until a vaccine is developed. Merely a lockdown can't stop the disease if you ask me, there are always defaulters due to whom the spread continues. Also this is the right time to buy stocks or Crypto whatever you prefer, but the point is that no one is having enough cash or investment money with them to invest into these investments.