Quote from: Jawhead999 on June 10, 2020, 04:18:03 PM

Quote from: Qcrypto on June 10, 2020, 11:10:19 AM

Will the same thing happen again, can we expect the new lows?

No, I think not because many country is more aware than on last 2-3 months ago. The price is have major dump because of heavy fear ( crash on economy, negative oil price, stock crash etc) and make many investors do panic sell. Probably covid-19 will spread more and affecting more people... but It doesn't happen on Bitcoin. More over, holders will always hold since they're expecting bullish due to halving. Bitcoin will always continued volatility without affect from covid-19.

Most of the countries are already aware about how life threatening Covid or not. There are actually a lot of people believed that this virus ain't that deadly. So, I guess it wasn't the virus that's affecting the global economy and the traditional market, but it's the fear.
Bitcoin price cannot be directly affected by this fear. If you guys can still remember during the spread of the pandemic late in February, everything fell, including Bitcoin because everyone was panicking, but the moment people would realize that Bitcoin fell to almost $3,000 level, people are rushing to buy back in as this will be a good opportunity since the halving was approaching.

Now, this 2nd wave or 3rd wave and whatsoever they call the re-spreading of the pandemic will never going to affect Bitcoin entirely like what happened in March.
This virus is far less deadly than the past plague, modern people are just over hyping the situation.