Post
Topic
Board Bitcoin Discussion
Re: Bitcoin vs covid 19?
by
Jating
on 21/01/2021, 11:46:30 UTC
With the recent launch of the Covid 19 vaccines, will it affect bitcoin, I assume that the Covid 19 vaccine will make the economy stabilize again, will this also affect bitcoin?  will bitcoin weaken or vice versa?

If the world economy are going to be stable because of the covid-19 vaccine, then I would say it will still have positive impact not just on crypto, but the rest of traditional financial markets. Maybe the confidence of investors will be very high and more likely to invest on everything that will give them more money like crypto markets.

So every good news about the pandemic will be beneficial. It may even push the price to like $80k to $100k before the end of this year. So let's remain optimistic this year.