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?
We are not sure about the actual effectivity of covid vaccines, so it does not guarantee economy stabilization. And now, based on news I've heard, I don't think some vaccines are truly effective, because we have new variants, and covid cases are increasing again in my country. Our gov't again implemented a per city lockdown, and people are finding ways to earn at home, and they start noticing bitcoin again, also through the help of P2E games people are starting to invest in cryptocurrencies especially in bitcoin. So in my opinion, bitcoin will keep going strong because I am sure, another wave of covid due to variants is starting again.