I expect we'll be having up and down movements over the next weeks, while remaining in the downrange. The general sentiments are gloomy, the effect of the lockdown visible in many economies and with an end to the pandemic not yet in sight, so I won't be expecting a quick recovery.

I expect a heavy push of cash into the markets to encourage spending and revive economies, possibly leading to a inflation, this would likely lessen the weight of fiat.