Trump's tweet seems like a little connected to the market so, this is just one of the factors that could affect the price of Bitcoin. Corona virus is just a given reason if someone wants to make a move to the market although it didn't actually make any effect on the market but with the influencers getting COVID is just a downer.
Trump's comments dropped a few hundred dollars off the BTC price
thats what they say but theres really a connection ? if i compare that to the covid ill say that covid has a little impact on the price of btc but trump speech has zero . resistance already breaks and what happens ? well the price are now higher than before and the price stayed on this another high level .
it gives a sign that ill will increase for more . this is exciting and this was like history are now repeating . if im correct that history repeats , the price can go up till 18k or more .
Anything that Trump can say may affect the Stock Market of the US and the price of the Stock Market and the price of crypto and correlated with each other so what Trump is saying doesn't have any direct impact on crypto but on Stock Market.
The price now of Bitcoin went down a few dollars because of the article regarding OKex Founder being held in the custody.
LINKWhat I want to see is Bitcoin moving at around $11,000-$12,000 within the next few days or weeks so we can see it going higher in the next weeks. I'm not that bullish though since there are no catalysts as of this moment that will make the price go up.