What does corona virus have to do with bullish bitcoin ?? any effects
While many do not seem to see an effect I think it had it, when the corona virus made the news the stock market went down, gold went up and bitcoin went up as well, this means there is uncertainty about the extent this disease is going to impact our world and people decided to invest some more money in assets that can hold their value and this included bitcoin, obviously bitcoin was already in the middle of a positive trend but I think it had the effect of prolonging and making that trend even stronger. 
Topic: corona virus & bitcoin market - page 2. (Read 905 times)
I don't think it has a big impact on the Bitcoin market, the fact is that the price of Bitcoin is still stable at around $ 9k and I haven't seen any signs that the price of bitcoin has dropped at $ 8k in the last few days. but whatever we all will never know what will happen next, but I think Corona Virus does not have a big impact on the price of Bitcoin.
Corona virus would have nothing to do with bitcoin but it might affect the price for few coins which are related to the medical science and also we could see some bullish movements into the charts of few forex stocks. Bitcoins have least relation with the corona virus as it is no where related to each other.
Yes, if people who are suffering from corona virus and those are big whales and they sell their coins just to recover with the virus than we might see a bullish trend but it would never be possible. People who have excess amount of funds into bitcoin would never just cashout to fight the corona virus. This has no direct relations and also we could not yet see any bullish market signs on the market charts of bitcoins.
Yes, if people who are suffering from corona virus and those are big whales and they sell their coins just to recover with the virus than we might see a bullish trend but it would never be possible. People who have excess amount of funds into bitcoin would never just cashout to fight the corona virus. This has no direct relations and also we could not yet see any bullish market signs on the market charts of bitcoins.
There is no connection between the coronavirus and Bitcoin, but if you see indirectly, then you may know because of coronavirus, Chinese people can't celebrate the long period vacation of the New Lunar Year! So, they are not cashing out the crypto money, this is the reason bitcoin price is growing instead of dumping! Because most of the people expected a massive dump will happen in this Chinese new year vacation.
There you have the connection, the new lunar year is an auspicious period in the Chinese calendar and as a result it is celebrated for days, and since no trading activities of any sort is happening this period, many people prepare ahead of time including the btc holders, lots of Chinese cash out to celebrate the lunar year and this has a direct impact on btc since Chinese are the majority of crypto enthusiast,
However, the outbreak of coronavirus has some how prevented that massive dump, so in a way their is a connection there but i don't like to duel on that because i know people are losing their lives as a result of this virus.
Corona virus has so far caused tens of billions of USD worth of financial losses in China, and the economic toll is climbing with every passing day (for comparison, the estimated loss from the SARS outbreak was $40 billion). Now I don't think that this is going to benefit Bitcoin in any way. The Chinese citizens remain one of the largest groups of Bitcoin users and if they have less money to spend, then they will start dumping their cryptocurrency holdings, and naturally the exchange rates may plummet.
What does corona virus have to do with bullish bitcoin ?? any effects
You don't have to connect it in fact there are other ways to connect the current bull trend we can connect it on one halving, Japan planning to launch their own coin and many more but Corona Virus I don't think so it will take an imaginative mind to connect Corona Virus to what happens in the market.
In my opinion this corona virus could affect the bitcoin market as the virus spread all over the world. For sure we cannot see the effect of this virus today because it is still a small percentage of the China population that infected and a few people around the world is confirmed that has a corona virus. In my opinion if a big percentage of the population in china is affected by this virus this is going to affect the market price of bitcoin since for sure a bitcoin investors could die in this virus and overtime when it spread all over the world for sure we could easily see the effect of this virus...
What does corona virus have to do with bullish bitcoin ?? any effects
You don't have to connect it in fact there are other ways to connect the current bull trend we can connect it on one halving, Japan planning to launch their own coin and many more but Corona Virus I don't think so it will take an imaginative mind to connect Corona Virus to what happens in the market.
There is no connection between these two both are different things in my point of view and I am probably sure that mostly people think same but I really feel sad for those people who are victim of this dangerous virus hopefully they will be okay soon scientists will definitely discover the cure of corona for sure.
Yep, Corona virus is a really dangerous one. I didn’t even know about it until recently that the news started going round the internet. It’s usually worse for the older victims, and it’s a killer disease. Hope they find the solution and cure those that were affected.What does corona virus have to do with bullish bitcoin ?? any effects
How do you even link the Bitcoin bullish nature to Corona virus? It doesn’t have any effect at all. If it was going down you would have said that people in the affected areas were selling their coin, but the coin is bullish. But there is no way that they are related, so it’s not affecting the Bitcoin market at all.
I don't find any connection and relation with the Bitcoin because Corona Virus doesn't relate to Bitcoin. The price of Bitcoin will be in spike until we are close to having, coronavirus will not have any chance to influence the price of Bitcoin.
There is no connection between the coronavirus and Bitcoin, but if you see indirectly, then you may know because of coronavirus, Chinese people can't celebrate the long period vacation of the New Lunar Year! So, they are not cashing out the crypto money, this is the reason bitcoin price is growing instead of dumping! Because most of the people expected a massive dump will happen in this Chinese new year vacation.
It is true that this virus is causing the whole Chinese economy to collapse recently and will certainly involve the crypto market. I hope the corona virus can end soon because health is still something everyone needs at this time and certainly money cannot be solved. Anyway, I'm quite nervous and always more careful when I go out because my country is very near to China. 
The WHO has today declared corona virus as global emergency, more that 120 people have died so far in China and the death toll is expected to rise up.
But the cryptocurrency market is not affected by it. Bull run has returned and the market looks positive. Expecting the price of Bitcoin to reach 10k by febuary.
But the cryptocurrency market is not affected by it. Bull run has returned and the market looks positive. Expecting the price of Bitcoin to reach 10k by febuary.
There is no effect between viruses and the crypto market. If it really does, the effect will be on a positive trend. But the facts about the field, that the virus is being discussed at this time. There really is no effect at all with Bitcoin.
Honestly, I myself do not know whether this whole situation with the corona virus affects bitcoin and the entire cryptocurrency market, but if will you read several articles on different resources, you can find different guesses that the corona virus somehow affects the rise in the price of bitcoin and in cryptocurrency market growth.
There is no connection between the coronavirus and Bitcoin, but if you see indirectly, then you may know because of coronavirus, Chinese people can't celebrate the long period vacation of the New Lunar Year! So, they are not cashing out the crypto money, this is the reason bitcoin price is growing instead of dumping! Because most of the people expected a massive dump will happen in this Chinese new year vacation.
Since Bitcoin is a hedge against instability, the coronavirus outbreak is likely to aid Bitcoin prices.
Especially since it seems like we aren't being told the whole truth about the virus. Distrust in government is very healthy for the price of Bitcoin, IMO.
Especially since it seems like we aren't being told the whole truth about the virus. Distrust in government is very healthy for the price of Bitcoin, IMO.
What does corona virus have to do with bullish bitcoin ?? any effects
it will certainly have an impact but it will be an indirect effect. let me explain this. As the corona virus becomes more and more powerful and in turn loses many lives, China will be more tightened in terms of protection and isolation, the government will have to spend a lot of money to build a new hospital and research vaccine. Besides, China and the 12 countries bordering China have closed the border with China. This will cause heavy losses in the economy when foreign trade is delayed. And at that time, the value of CNY will certainly decrease as well as stocks and public debts will increase sharply. We can think of an economic crisis if this pandemic spreads even more. People will soon buy bitcoin and make its price go up. Actually, Bitcoin and Gold are quite similar now. 
What does corona virus have to do with bullish bitcoin ?? any effects
there is no major impact on the bitcoin market, it is likely that the impact will be felt on the global economy, and hopefully coronavirus will not spread throughout the world, so as not to cause something fatal in the future.
I think the current market conditions are likely to be influenced by the code from the bull run, because many predict this year's recovery in market conditions. we have been in the bear market for too long, and now may be the beginning of good news for the market. yeah, one of them is bitcoin halving, just count for a few more months, of course this news will be utilized by investors, and indeed the price should be soaring, because the miner's reward is reduced. many predict that (2020-2021) the price of bitcoin will soar. for problems with the corona virus, in my opinion it doesn't really affect the market. even those who made FUD news, no one responded.
See it's very clear that corona virus is nothing to do with Bitcoin, a few analyst say it has improved the market to push up BTC price. And I agree it may affect economically but what it has to do with the crypto.
At the other end Tom Lee one of the famous expert reveals BTC price may go up to 25k in five or six months. Now who do you believe? People just want to impose anything without knowing so don't get confused or do not panic yourself. Research and understand the market.
At the other end Tom Lee one of the famous expert reveals BTC price may go up to 25k in five or six months. Now who do you believe? People just want to impose anything without knowing so don't get confused or do not panic yourself. Research and understand the market.
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