Coronavirus has made us stay home for months now, Bitcoin's price rised while most stocks crashed. Bitcoin's price rise probably has something to do with Coronavirus, People are staying home, buying things online to avoid contact with other people. My question is are more people being initiated to Bitcoin and are Bitcoins scams more frequent because of covid-19?
Maybe yes, maybe no, because we don't 'know what reason that can make bitcoin price rise so far.
There are many possibilities for that, but the important is we can enjoy the high price now, especially we are finally can see bitcoin price break $12k.
The price still increases and it can break $12,150, which can touch the next high price.
Now, with the new normal, people can go out from their homes to search for a new job, and if there is a relation with that, bitcoin price will reduce once again because people still prefer to have an offline job than to try in online job.
But we will see what will go on with bitcoin price later.