Quote from: Fesatmas on June 09, 2020, 03:09:58 PM

Quote from: josgandosbro on June 09, 2020, 12:59:43 PM

Quote from: coinporch on June 08, 2020, 06:10:09 PM

i believe if coronovirus never exist
bitcoin price will run above 15K USD and Ethereum run above 400 USD mate
global economic was down hard because of this pandemic and of course that will affected this crypto space

not that easy and to reach the price of $15k also requires quite a long time. so don't think that corona is the reason bitcoin can't reach $15k. In 2018 there was no corona but why did the market at that time fall so badly?

In 2018 why did the price get worse because many new projects became scamer and brought in investors' money so that it triggered investors to stop investing in crypto and by 2018 there were also many scamer where so this triggered the price to be bad.

But in 2020 crypto began to rise, but the corona virus emerged and this made bitcoin sink again, making it difficult to make up for high prices.

We cant say that its the sole reason why it do have some price decrease in March 2020 but to presume that this event is the closest one when it comes to fundamental analysis.
but eventually the market had recovered and we are now almost touching in 10k price and come to think even the pandemic situation havent resolved yet or do becomes even
more worst, the market is starting to climb up which means it isnt really that being affected fully nor depending into that situation.