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?
Back in March,the coronavirus was something new and shocking.3 months later,the national healthcare systems and the World Health Organization have more info about COVID-19 and know what to do,in order to stop the virus.The second wave of COVID-19 is pretty normal.After all,the lockdowns are over and the people are on the streets.We just have to learn to live with the surrounding threat of this virus.I believe that COVID-19 isn't as deadly and dangerous as it was described back in March-April.The virus mutated and it's less dangerous now.
The Bitcoin price won't have a nosedive crash during the so called "second wave" of COVID-19.
I expect a slow bearish trend in the crypto markets during the summer,due to the slow recovery of the global economy.