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.
After scientists linked and came up with vaccines against Covid-19, this bacteria also seemed to be aware of its ability to be erased and suddenly became more frenzied, together create new generations, destroy the achievements of scientists and reduce the effectiveness of vaccination, the economy has not yet reached the basic needs that have begun to suffer from depression. Continue a cycle of closing and staying home for a few more months, Bitcoin will advance extremely quickly as an economic necessity for many individuals