I thought the price of bitcoin would go up considering the current world situation. But the price of Bitcoin has also been affected by the news of the Corona virus. The situation where Bitcoin is now is not good. I think Bitcoin could go for $10k before halving, but there's no clear idea here yet. The price may rise and may fall again. Now all traders are in confusion.
Assess and observe in order to create correct prediction before investing or continue your position.
There are many things that depend. With the panic created around the world, everything is now out of shape. Now the situation is truly out of control. We must wait to see the market change. When you are in confusion, it is best not to make any decisions. I'm hold my position, Let's see how bitcoin end this year.
As of now, the market situation is unpredictable and this makes it is impossible for the traders to predict the market, it is now good to hold the coins instead of selling them for low prices. In the coming days the situation may become even worse because the affected rate will surely increase and this makes the market to go even below values.