Post
Topic
Board Bitcoin Discussion
Re: New Covid wave vs Bitcoin
by
Oasisman
on 23/06/2020, 22:16:38 UTC
~snip~
There are still a lot of countries that cannot recover from the virus or didn't really curved the cases. The virus clearly affects the market price of bitcoin in the past months when the virus is just starting to spread.
Most countries failed to flatten the curve, Infact the 2nd wave or shall we say the 3rd wave has been simultaneously happening from all over the world, and yes It affects Bitcoin during the time It was being declared a pandemic by the WHO. But, Bitcoin manage to bounce back after It hits the lowest since Bitcoin recovers from the bearish season in 2018.
Currently, Bitcoin wasn't affected by the continued spread of the pandemic anymore. Though it has been struggling to break the resistance level, but Bitcoin is still performing good somehow.