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?
I don’t think at the moment Covid-19 could again bring as much harm to Bitcoin as the first explosion period. I say this because I remember Bitcoin dropped to $5000 when Covid-19 started, I would say many traders got scared that time after seeing so many businesses closing and that is why even the Bitcoin market collapsed because everyone started selling their Bitcoin quickly because of fear!
But right now we're trying to see Covid-19 as a normal disease so that we can be brave and keep working so that we can not die for hunger! So I don't think it will have the power to scare us to the point of undermining the Bitcoin market once again.