Will the same thing happen again, can we expect the new lows?
What are your thoughts?
I'm not a negative thinker, but this pandemic really affect a lot of factors in the market. As we are experiencing lows right now, all of are suffering and most of the governments are really having a hard time to recover from this downfall. We are not still in a process of recovery but the next wave of Covid-19 is approaching, probably that cause a new panic in most of the investors.
Recession is what other countries are experiencing because of the lockdown. Market transactions can't be processed and businesses are still not allowed to operate because of the risk of getting the virus from its customers. Economic activities will surely be still postponed and the economic recovery will probably slowed due to closed businesses.
It's not about negativity its about being realistic and we see the effect now and due to lock downs we suffer to much especially on financial matters since majority of job are been closed until further notice while this disease still exist. Economic recovery will takes time to improve but it's better than nothing and the one I hope by now is this disease will end up so that we can see a great action with bitcoins.