Great news today: "us pharmaceutical giant Pfizer and German biotech firm BioNTech have announced that their coronavirus vaccine is more than 90% effective in preventing Covid-19 among those who have no evidence of previous infection."
https://www.cnbc.com/2020/11/09/covid-vaccine-pfizer-drug-is-more-than-90percent-effective-in-preventing-infection.html#close
And we see an instant reaction of the market to such a statement.
What will happen to bitcoin in this case?
Well hope that once this vaccine comes to market and starts healing infected people the market will continue react positively and not bounced back again.https://www.cnbc.com/2020/11/09/covid-vaccine-pfizer-drug-is-more-than-90percent-effective-in-preventing-infection.html#close
And we see an instant reaction of the market to such a statement.
What will happen to bitcoin in this case?
There are speculation that once the virus Gets in the market will fell down so i hope this is not what we are facing after this good news from Pfizer .
That is just great.
Their product just skyrocketed after that, proves that it is promising and would start the end of the worst year, which is this year. I don't think that Bitcoin will be affected by this demand, all we know is that the price is sticking to $15K and it might stick in there or be that way before the year ended, hope it lasts until next year.
Damn price 15k usd?where on earth that each government will get that amount just to Help their people increase the recovered and then partially killed the virus?Their product just skyrocketed after that, proves that it is promising and would start the end of the worst year, which is this year. I don't think that Bitcoin will be affected by this demand, all we know is that the price is sticking to $15K and it might stick in there or be that way before the year ended, hope it lasts until next year.
This is too expensive i think and maybe there will be a price adjustment depend on volume that will be purchased.