Nobody knows and the trend might still change due to the speculative thoughts and opinions because of the halving. We seem to be bullish for this year because of that event but still, no one can have an assessment of what's exactly going to happen if Covid19 didn't happen.
But most likely, the market will be on an uptrend if it didn't happen.
Topic: If Coronavirus never happened - page 15. (Read 2120 times)
Though transaction of crypto/bitcoin is digital(internet), It is controlled by men not outrightly robot, some of this men are now restricted, some displaced and some locked, from their hardware. Now the trade volume of bitcoin is very low, such eventuality is the dump in price. The outbreak was sudden which must have disrupted a lot of plans and processes in crypto. Larger trade are usually OTC, which is interpersonal, so corona virus is a big factor now. Even bitcoin enthusiast on social media talk more of the disease than bitcoin, what a terrible diversion?
What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
The question is, do really corona virus did affect crypto market? I do rather believe that traditional markets might or might not be affected as well but not in crypto.Downtrend or bull run there no such guaranteed factor or reason which people can point out.
If coronovirus didnt happened then i dont see anything new with this one.For forex or stocks which news do really play a big role.
What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
Without the Corona Virus, I think the market will be hard to grow at this time. So we don't need to think like that, but I also wish Corona never happened because this is a dangerous virus and it has infected hundreds of thousands of people around the world.
Whether or not there is a corona virus, no one knows whether the crypto market will remain bullrun or bearish because it cannot be predicted correctly, right now the global economic market is being destroyed because of the corona virus effect, but I think for crypto it has no effect because it has no connection his.
I will keep thinking positively ahead of halving because that moment will return to the crypto market becoming bullrun.
I will keep thinking positively ahead of halving because that moment will return to the crypto market becoming bullrun.
IMO, it seems like Corona virus does not play a big role on why the market move, nothing is unusual on the movement of BTC, there's a halving this year and it's expected that the price will rise and what we just saw is just the hype going towards the halving.
I am still confused that corona virus can make the economic situation going to bad. Because before this virus came there are a lot of plague that befalls to some countries but there was no affection to any market. But this virus has gave a bad thing for economic situation, it doesn't fall to cryptocurrency market only but the impact was befall to stock market as well. Regarless your concern, I think the market cryptocurrency will keep increase if the corona virus never comes. You can see the price movement of bitcoin was good at that time, there was not a rapidly correction but the price felt just a bit and after that the price was going up again.
It does appear that the crypto market took a bit of a hit due to coronavirus, similar to the normal stock markets. It may be coincidence, it may not. But what we definitely haven't seen is a flight-to-crypto from the normal markets... which does emphasise the fact that crypto is currently a long way from being seen as a safe haven during times of stock market turbulence.
What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
At the moment, coronavirus has no impact on the cryptocurrency market. If, because of virus, some mining farms in China will be closed, then the price of BTC can feel it. Still, nothing like that happens. When panic starts on classic stock exchanges and investors start looking for other investment markets, then maybe some of the money will go to the cryptocurrency market and we will see increases, but this may happen in a few months.
Well somehow i wouldn't really take the event of Coronavirus into too much factor of pricing into the crypto market
Of course it does affect a little bit but with/without it
It would not really be the trigger for a bull/bears market imo
Of course it does affect a little bit but with/without it
It would not really be the trigger for a bull/bears market imo
Nobody can guarantee us the bull market will be kicking in if Coronavirus never happened.
Remember when Bitcoin halving happened in 2016? did the bull market start that year?
No, the bull started a year later after a long period of accumulation.
So I believe the downside or the upside of the crypto market has nothing to do with it. It might affect it but not by a big margin.
Also do not forget, not all of us are using cryptocurrency.
Remember when Bitcoin halving happened in 2016? did the bull market start that year?
No, the bull started a year later after a long period of accumulation.
So I believe the downside or the upside of the crypto market has nothing to do with it. It might affect it but not by a big margin.
Also do not forget, not all of us are using cryptocurrency.
What will be happening right now if Coronavirus never took place to drag down cryto market due to economic affection? Still down thread or bullrun will still be kicking
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