Post
Topic
Board Bitcoin Discussion
Re: New Covid wave vs Bitcoin
by
salamat700
on 12/06/2020, 01:47:35 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?

The market was getting gloomy when the virus started to snatch the attention of the world. Right now, the virus is not a big news anywhere and people have already started to shift their attention most especially on how to get back on their feet so we are expecting more economic activities and the rise again of that hopeful feeling or sentiment. In case there can be another wave of Covid10 infections, I don't see that affecting BTC. What is happening right now in BTC is more of the market dynamics of its ups and downs.