Quote from: DoublerHunter on April 06, 2021, 11:50:16 AM

^ I don’t think the weakening of US dollars will affect BTC negatively. In fact, it does make Bitcoin get the advantage.

If the fiat is weakening then the price of BTCitcoin will move up and i am not sure whether that is what happening here but the price already tried to breach $60k but did not sustain it and we might see another push in the coming weeks.

Quote from: DoublerHunter on April 06, 2021, 11:50:16 AM

We will never know what is gonna happen and we never expected the BTC to reach $60k in this situation though. It was nearly impossible but it did. Despite the pandemic happening, it did grow. So what’s new?

There are multiple factors at stake here, many countries are locking down again and it will create another issue and the stress it is creating to the economy might pump money again in the cryptocurrency market and i always wonder whether the price would rally this much if it was a normal situation.