Post
Topic
Board Speculation
Re: Bitcoin makes new ATH. More ATHs to come shortly.
by
goinmerry
on 16/12/2021, 02:01:48 UTC
With the arrival of Omicron, it will be expected that most of the economies will be down due to temporary closures of non essential big and small establishments. With this, countries will be unproductive again. And crypto market is not an exception either. I think the present correction will last until Omicron will set in. But as expected, crypto will definitely recover and bitcoin will continue to reach its new heights again. And we will be expecting again that before 2021 ends, we will finally see a bull run before the crypto changes its cycle for another bear season and maybe it will happen early next year.

Omicron or any future variants won't have any impact on the crypto market. Just looked at almost 2 weeks' performance since you posted this.

The recent dip has nothing to do with the Omicron variant where the world is already ready and prepared. Back in the peak of Covid-19, where all are unaware of how to battle the virus, the crypto market is become the only performing industry better than any other major industry. Major assets and commodities are all down kissing their respective bottom floor but crypto, especially Bitcoin even established an All-Time high since then.