Post
Topic
Board Bitcoin Discussion
Re: COVID-19 Vaccine Will Cause Bitcoin Crash
by
2double0
on 10/10/2020, 16:25:38 UTC
A lot of FUD floats around here and normally I ignore most of them. If you remember, we were expecting a spike after the block reward halving in May 2020. That never realized, because the markets crashed as a result of the COVID 19 pandemic. The stock markets recovered eventually, however the Bitcoin exchange rate remained at the same level. So I am hopeful that once the pandemic is over, there will be a big recovery in Bitcoin exchange rates.

The recovery rate has increased, but is still lower than expected after the vaccine release news came. I am watching so many analysts who have changed their sentiments from bullish to bearish as they think like a 2018 type of crash is incoming. I don't know that based on what evidence have they started thinking like that. Whatever will happen, if btc crashes again that low, I will also buy some coins and wait till it does 10x.