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Topic: What will be the next movement in the market - page 6. (Read 1191 times)

sr. member
Activity: 2324
Merit: 263
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what you say is true. because make no mistake, if the impact felt by the pandemic virus is not a threat to the value of bitcoi, it decreases, but in all trade sectors
Yes, but the impact that is very visible because the virus pandemic is on real trading, and on virtual trading has little effect, this you can see in conventional traders and virtual traders, so you will definitely know the results of the comparison.
sr. member
Activity: 1890
Merit: 252
The OGz Club
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
it happened in March, the price of Bitcoin and the stock market dropped dramatically, you can see a decrease in bitcoin when it was still at $ 8000 and fell sharply to $ 3500 for just one night, it was a terrible experience for me, maybe there will be another decline, because of the situation the world is still unstable
jr. member
Activity: 140
Merit: 3
    The opinion is the one that everyone sees. Every passing pandemic day is a step towards the collapse of the world economy. How the stock market is influenced, the crypto market is also influenced. We cannot resist this crisis, except through a general mobilization of people to fight the virus, so the economic crisis and the one on the crypto market will be smaller
hero member
Activity: 1666
Merit: 629
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

Although this pandemic has affected all the world markets, we can see that there are gradual corrections in all markets. I do not know if these correction movements will cause the old price levels to be seen again in the next critical process, but it is possible to say that bad days are waiting for the markets again with a second rapid spread. For this reason, it is very difficult to predict especially in the crypto money markets for the next short term period. Personally, I think that if the pandemic agenda is slowly coming to an end, the crypto markets will revive and bull signals will be received. In the other case I mentioned, we can witness serious price declines again with a possible bad scenario. It is necessary to make transactions and investments by considering very unstable economic markets and conditions.
hero member
Activity: 2282
Merit: 505
I think the most dangerous part of coronavirus spread is already passed, so now people are looking for the options for investments and the part of them will choose to buy cryptocurrency.
It's not yet passet as the number of the patients who have been infected by this virus is still increase. the pandemic will be ended when those patients can fully recovered.
They are seeing crypto as a safezone right now rather than try to use the common stock market to invest.
member
Activity: 173
Merit: 10
I think cryptocurrency will be affected just like stocks but a bit lesser. While industrial and business need, backbore of the market need a little more time to recover even if we have a vaccine for covid. Cryptocurrency is more reactive and will rebound back faster so that's the plus.
member
Activity: 854
Merit: 10
what you say is true. because make no mistake, if the impact felt by the pandemic virus is not a threat to the value of bitcoi, it decreases, but in all trade sectors
legendary
Activity: 2576
Merit: 1043
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Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
It already happened a few weeks ago. You're late because you aren't aware of what is happening right now.

The virus became a catalyst with the recent drops of the global stock market as well as the crypto. The virus created a massive paranoia causing the investors to sell their Bitcoin and other assets even though they will get losses in it. Yes people will need money in the first place and probably some of them did sell their holdings to have some cash to use in this global crisis.

My thoughts?? Good time to buy Wink.
jr. member
Activity: 61
Merit: 1
The fear to be caught in a dip is more than that of being in need. And also everyone wants to enjoy the beneift of Bitcoin halving. That's the new moves. Let's see what will happen
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Think about it, right now everyone is at home and there are millions of people who are either fired or on unpaid leave, which means there is no economy at all, we are talking about over hundreds of millions of people who are not making any money right now, considering this went to big population countries as well I think this could be a over a billion people thing. That means eventually people will run out of money, and when they run out of money where do you think they will go to? Of course, their investments and those investments includes bitcoin as well.

I do not see the world economy going any better any time soon which means eventually stocks will crash again, gold and oil will crash again, and of course bitcoin will crash again. Not that it won't recover eventually, it definitely will recover, but will have another crash if you ask me in the middle.
member
Activity: 1078
Merit: 10
I think the most dangerous part of coronavirus spread is already passed, so now people are looking for the options for investments and the part of them will choose to buy cryptocurrency.
member
Activity: 476
Merit: 22
I Wish I can give the perfect answer to your question but where we are currently heading now is unknown, coronavirus is still doing it's damages and no good news about cure or vaccine yet, Bitcoin halving is days away now which I think won't bring any new changes to crypto space
full member
Activity: 527
Merit: 113
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
For sure it will affect any industry. See how the US economy collapsing? That damn trump doesnt care with his people as long as the work and businesses continue. Crypto is not excluded in the downfall. The only good thing that happens is the fall is not compared to stock market which really depleted because of the corona virus. Many people are strike in hunger on those 3rd world countries and the biggest one such as europe, italy and spain are in bad standing. Maybe we cant expect a good pump for this year.
hero member
Activity: 2604
Merit: 816
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Yeah, But I'm thinking on long term, for now prices are growing, but really slowly, we already felt from 10k this year's, I think that this year's will not be a good year for crypto, I can be wrong of course

The price now slowly increases, but the chance to see the highest price will still there, and we could only wait for that moment. Although we already saw $10k this year, we could see that price again this year or next year, and I am sure that the bitcoin price will increase more than $10k. I am sure there is a big chance for crypto to get another good year like before, and no matter how long we wait, it will come soon.
full member
Activity: 1316
Merit: 126
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Since before and until today we aren't sure what will happen next. Many were expecting the dumps because of the virus but we couldn't also ignore what halving can do. It gonna be a big question but only answerable by up and down, it all goes that way for sure.
But one thing that seems to be impossible to happen is being in the bullish. It is really far from happening.
member
Activity: 140
Merit: 57
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Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Fall? the opposite is happening. I think we have already the fall when bitcoin fell to $4900 and was likely to continue but the reversal was quick and we are now on $7000. I'm not expecting further falling although there will be some minor ups and downs because that's the usual behavior of the crypto market. Others have no choice but to sell their holdings for the provisions but they can get back on it again at any price so if the price that they are about to buy is lower, they are lucky.

Yeah, But I'm thinking on long term, for now prices are growing, but really slowly, we already felt from 10k this year's, I think that this year's will not be a good year for crypto, I can be wrong of course
sr. member
Activity: 966
Merit: 254
Stock and cryptocurrency´s markets are growing like there is no any problem between us, maybe it is caused by big support by american government that is strongly pumping the market with printed money? But how long is it sustainable?
hero member
Activity: 1260
Merit: 505
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I think those people who were afraid to be left without money because of the coronavirus have already sold their cryptocurrency. the pandemic is now coming to an end. I think that in the summer talking about the virus will end. now people will begin to fear the global financial crisis
full member
Activity: 896
Merit: 108
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
We have felt the decline in investment products since last month, BTC also declined quite deeply and record the deepest decline in single day for the last five years. This is not only happening in the crypto market, but also in the stock market, and various other assets, here is the comparison
source
BTC shows the deepest decline, but a few days after the crypto market recovered earlier than others. This shows that BTC is more attractive, it requires not only strategy but also a strong mentality.
In this crisis, people need fresh money more than assets, which is why there is a deep decline. The opportunity is always there, the market is improving, especially soon there is a moment halving, although difficult but I am still optimistic there will be a big pump after a few months.
member
Activity: 749
Merit: 13
It not only because corona pandemic but as i know bitcoin halving is efect too. In history at the time bitcoin halving btc price will down and then after that like 3 or 4 montg price will go higher and reach new ATH. Hopefully
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