Post
Topic
Board Bitcoin Discussion
Re: New Covid wave vs Bitcoin
by
Russlenat
on 11/06/2020, 21:49:37 UTC
So it would seem there is another Coronavirus wave on the way, at least in some countries.

Last time the pandemic struck, we saw Bitcoin price plunging hard.

Will the same thing happen again, can we expect the new lows?
What are your thoughts?

Yes, but you can also expect that bitcoin will recover.
This year is going to be bad for the economy, it's expected as the vaccine is not going to be one this year, so it's the chance for crypto to shine, and if there is a new wave of virus that is going to cause panic again, I think it will make the economy to suffer more that will result to bitcoin being appreciated.

if BTC will dump at least that's a short term temporary dump only, and make sure you accumulate if that happens.