Bitcoin Forum

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.

At first, maybe that is how we see the flow of the price of the market due to panic and their need for money. However, we can see that even after facing this pandemic, we have seen the improvement of the price of every crypto in the market. I don't think that it will decrease more since its way is going up.

Human race are the strongest, many are not ready to sell their tokens just because it looks like it's the end of the world, and it looks like this pandemic will only favour crypto in the end, let's be strong, there  is always light in the darkest tunnel, this pandemic is will over sooner or later

That was a long time ago when coronavirus began to spread in several other countries besides China, and you seemed to be a little late in asking about this, but it didn't matter, because everyone here would want to share their opinions.

Did you not pay attention to the market a month or two ago.
at this time in my opinion the crypto market is better than the stock market and others, who continue to strive to emerge from the pandemic that has plagued almost the entire world to be the right solution from the enactment of government regulations to stay at home.

The pandemic has its effects on the crypto market but the market has recovered better than stocks, gold, etc. That is the story in March but in April we have seen many nations around the world began to contain the virus so well. The most seriously affected nations have reached peaks or recovered, China, Italy, Spain. Some other big nations have seen some early good signals of near peaks.

From now on till the end of the second quarter, we will see some good changes of the pandemic, especially in big nations. It will bring more optimistic to the world, but in terms of economy, the effects will last longer and need more months to fully reveal.

I think the crypto market will move up because of these reasons and the coming halving of bitcoin.

If you need reasons for market dumps or pumps, there are reasons will be released through news at the right time.

• Market dumps: Reasons: pandemic, unemployments.
• Market pumps: Reasons: pandemic, unemployments.

Coronavirus won't have large effect on prices of crypto and as the pandemic eases, people would have much more interest towards crypto. The current situation won't remain longer and things would be normal within next 3 months. With bitcoin and it's fork halving this year, we could expect an overall upward trend in crypto prices.

No direct correlation between the pandemic and the price movements in crypto market. In fact, the people in crypto space has already gotten over the panic selling of essential stuff including few crypto assets as we all prefer to have cash in our hands in this dire situation. The market is slowly recovering now, maybe because of the halving that turns optimistic people to buy again at the lowest possible figure.
As the number of infected people grow, I didn't notice any relevant movements of the price over the last few days.

Most people have bought bitcoin and crypto as an investment. Though some of the unfortunate may need to sell their coins due to financial situations, most have crypto as one of the ways of saving and investment. Most people would get through with what they have and won't sell the coins on loss as it's a market that can correct faster than any other.

In reality what is seen is that the current co-pandemic19 has destroyed all of the company's production activities in a number of countries which could have resulted in the economic downturn in all sectors including the cryptocurrency space sector.

Maybe your right. But think also those who are die hard fans of crypto and serious to earn from this huge dump? Many whales are anticipating this and their only concern is of course profis.

Im also affected by this crisis as my work has been set to irregular and on and off basis. But as much as I wanted to sell of my crypto, Im also thinking of the benefit on holding it since I have still funds to spare for consumption in this locked down times.

But of course not everyone has same situation and I understand them if they will sell a bit but not all will risk losing the chance to hold especially if the price goes so high after this covid shit.

Covid-19 was really terrible and caused the whole economy to collapse in just a short time. I don't know when this epidemic will end, but in general, without the vaccine, this epidemic will forever exist in the human world. The crypto market is also affected a lot but not by much and will certainly recover soon if the situation gets better.

Based on what I see and experience, due to the effect of coronavirus, it brought down different markets and everybody thinks that it will cause crypto to fall but right now its quite in the good condition and bitcoin is now step up again to the price of 7,000$. Not all people will gonna sell their crypto including me and I guess I'm gonna sell it if I badly need the money but right now I still stick to my plan which is to hold it. Probably, some of the investors, traders, and holders already sacrifice their crypto to sell. It's hard to track the movement of the market and for me, I'm still believing for the better market in which bitcoin will go up again to 10,000$.

But as much as I can, I'm trying to hold my coins since even with this vague situation, because I still believe that this year is a good year for bitcoin.

It is not really the pandemic that affected the market price of cryptos or the market situation itself but thr actions made by people in order for them to be saved from the situation, more of an indirect effect. Many investors pulled their investments the moment lockdown procedures have been implemented because their daily needs should be more prioritized. And that I think is the primary reason of the recent decline in the market price. But I doubt that the situation would continue because we can already observe recovery to both crypto industry and people of diffetene countries at this moment.

Indeed, the economic status of different countries have been reflected to this industry which is not surprising to know. The recovery in the market price of cryptos might be a sign that those who were negatively affected by the recent problem are also starting to recover.
To put it simple, that financial situation is what we are seeing at this moment. In some places, this situation promotes survival.

Yeah the virus really affect the market that is why we have experienced the biggest decrease in just a short period of time but right now we are starting to push upward again the market for the past days that it decreases. The green market that we are experiencing right now is a good sign that bitcoin halving is making a good impact even if we are currently facing a pandemic right now and many countries are imposing a lockdown in their area.

There is a big chance that the graph will continue to increase until we will hit the halving, so we can expect a green market in the following days if this will continue as bitcoin is already 7k$ plus which is good from 6k$ plus in the past days.

It's not will but corona has already affected cryptocurrency and remember when crypto especially bitcoin was getting a big dump. The opposite thing could happen when some people need money and they can do a trade to get profit to be able survive in this pandemic. There was a lot of possibilities dude.

The current market condition looks quite good and I think this is happening because mostly crypto community is getting much aware and responsible they have understood that falling in panic is not a worthy way If this momentum continues then we may expect more positive growth of the market.

We already felt the impact but still the virus will affect cryptocurrency, but it should be on a good side right now since the economy are dropping and people have no more choice but to buy more gold, silver and BITCOIN. We can’t know the next movement of crypto market, time will tell and the halving is approaching so expect at least a positive pump before that.

Bull market on its finest. The world is suffering from.corona but  see the market today it keeps on recovering and going strong.  Bull run before the halving will surely happen this year

You sound like you are completely wrong with your speculation. Crypto markets just had some extra fluctuations due to corona virus but it seems it had recovered from that panic right now. Bitcoin must be the central point of entire crypto space which means we can really analyse where that the total crypto space is heading just by simply analyzing bitcoin markets.

If you consider the recent market movements happened in bitcoin market, then you can be confident about strong bullish market in coming days. One supporting reason for bitcoin to remain bullish must be its upcoming halving. It seems all the panic and the chaos due to corona outbreak have been settled down slowly so markets may start getting back to its tracks at any time.

I think the next movement in the market will be the uptrend if there is no bad news out there. But if there is bad news, then we might see another downtrend of the market which can make people panic for temporary. I don't expect too high for the next movements, but I prefer to wait for more for what will happen with the market so I can make something related to the current situations. Besides waiting, I also try to trade for making more money in these situations because I need cash to fills my daily needs.

I've checked the market after reading your thread and market is better now than last month when the Pandemic started, it's getting stable right now, maybe because a lot of countries and companies are pushing for the vaccine that will fight this virus at least 20 companies are doing this right now, so the market is slowly moving up and steadily.

After this pandemic ends, I believe that everything will be hurt, and they need a lot of time to recover to their original state. But this market is not affected too much by Virus and I believe it will recover this year

Indeed, now it is becoming easier to make money on Altcoin if you actively trade. This is due to the fact that the dominance of Bitcoin is quite high - it is 65%.

It is already affecting cryptocurrency but the comforting thing is, unlike other markets like stock, cryptocurrency market is still standing  and proving better. Like you said, it is true that people will sell or already selling to fiat to meet up with their personal needs at the same time, it is also true that since this pandemic people are still finding reasons to hold on to crypto. So my thought is, there is always reasons to be involved with crypto and crypto will recover just like it always do.

I think the same. Four months passed but we don't have any vaccine for coronavirus yet, every country in locked down! So, people are not earning, so, this pressure will fall in every financial sector, crypto too! Comparing other markets, I must say crypto is doing good, but still, price can go to lower again like 3800$!

Looking at the current global situation right now nobody can say what the next movement in the market will be.The global pandemic has put everything on hold from bussiness to everything else.We just hope this comes to an end soon so that all things will be back to normal again and the crypto-market will recover from this situation.

Actually this time very bad crypto market with also in the world every countries for pandemic covid19. In fact nobody can't said that which situation will come in the crypto market. Our country still available lockdown and stay we in home, so everyone already received long free time without notice out jobs.
So i hope more people now want job in crypto market so investors and holders will increase mate. So we can follow us next situation.

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

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
https://i.postimg.cc/6qykfKb9/pandemic-efek.jpg_{source (https://t.me/ico_analytic/1688)}
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.

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

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?

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

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.

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.

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.

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

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.

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.

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

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 ;).

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

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.

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.

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.

    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

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

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.

Almost at this time Corona virus fact so we can't confirm our life together so how we can tell them next market move? Even it's just luck to me if we will healthy everyday then i hope crypto market good position come back again. impact totally different thinking before and now so stay see world situation man.

On the contrary, I think next movement in the market will bullrun. Because a lot of people will use their digital money to do anything than their fiat money because this virus.

Have you been in the coma for the past few months?

Price of bitcoin and other cryptos were hardly fell upto 40% when corona announced as Pandemic so its already happened but now the prices recovered in the great rate and reached $7000 range in no time.

I think that already happened.

The recovery time is near.
China is already on their way to fully heal their land and I bet good news will also be received from other countries any time of this month.
If all goes back to the way it is then we might see a pump after the halving or even before it.
I guess it will be after though, since they will need to earn money again to buy their bitcoin back.

It can't be predicted but you can have your intelligent guess. Yes, we've seen the $10k but it didn't stay long there. And just like last year, we saw around $12k-$13k(nearly, cmiiw) so it's been a good and bad year at the same time.
Anything can happen for this year but halving is approaching and mass positive expectation is overflowing to the community. I think you should consider that.

I do not believe that anyone can say for sure what will happen next. The market is manipulated, so technical analysis does not always work. On the one hand, people will need money and they will sell, on the other, people will come to the market to make money. As always 50/50.

For this pandemic the whole economic situation is not in a good position. So this crypto market is also suffering. But it's not for sure. In one hand people need money that's why they could sell out their crypto asset. And in other hand there is a chance that crypto market could grow. Cause when the fiat is not working digital currency is one of the best option. So there is both but at this moment market is not in a very bad position. So it's look fine.

This pandemic affects the whole world and the cryptocurrency market is no exception.
Many countries shut down, many industries stalled and millions lost their jobs. For those reasons, the investment in the cryptocurrency market will decrease and we will need a lot of time to recover.

Everyone is now thinking on the longterm at the moment. If halving cant pump the price beyond this because of the pandemic, The price wont be looking good at all after the halving. it is important that pandemic is controlled and market/businesses resume around the world to contain the panic sell and give ability for investment. By then focus will be more on altcoin, starts with ethereum to other part of the space, we could achieve breakthrough of significant projects like Libra etc

Starting with your title, no one can rightly predict the movement of the market because it is controlled by many things such as fear and panic. Now to your main post, yes the deadly virus is affecting the cryptocurrencies and this is by instilling fear and panic in the market which makes most people indecisive thus selling to fiat; to most people their reason could be they don't know what will become of cryptocurrencies while to some their reason is to be able to hold fiat since they can't purchase goods and pay for services with cryptocurrencies. As for me, the harm has been caused in all sectors and markets hence holding fiat is good at the same time holding crypto is also good because crypto still have a long way to go.

I can repeat what everyone here says, the smart ones, we in crypto are used to this going up and down, for us, it's normal for the market to do that all the time! I don't see any problems in that and unlike other markets crypto market will recover, as always, not only that it will gain more power, which happens from every year! The next movement will be down and then up, after that down again and up higher than ever before! Wait for this incredible ride and try to arm yourself with some crypto!

Obviously, the next step after fiat money is crypto technology. it seems to me that the market will surely go down to shake out the hamsters, scare people, and then rapid growth will go ... that few people have time to buy! All profit!

The corona virus pandemic indeed affected every aspect of life, and the only movement expected of this market is a positive one.

The market has indeed fluctuated but the only place isnan upward trend this coming week

I know almost everyone would be saying market will increase because of the bitcoin halving but fact is if the virus continues to spread and affect many it will definitely create more panic and people may end up still not doing anything online regarding buying of bitcoin because they are not stable to monitor market and some would end up holding cash more. Let's just hope virus subsides and things go well as we have few more weeks to halving.

I think that there will be much more people who will come to the market than those who will sell crypto. when the pandemic will pass, the global crisis will begin and people who still have money will look for places in which they can save their money.

Truly Covid 19 Virus Really Affects Crypto but not withstanding the best advice is too hold some good projects and projects which is not looking promising should sell off. But I don't think the crypto can get lower

It is true that in the early days the Corona virus was able to make a big impact in the market. But now it is also true that crypto market has been able to recover well. And I'm hopeful that in the days ahead, we will be able to go to a better level.

This ought to have happened long ago. Coronavirus (COVID-19) has been around for quite some time now. It was actually affected the market, but to did not take so long before it was overcome. The crypto market exhibited that attribute, that it could grow despite an economic  crisis caused by the pandemic.
Very soon, the pandemic will be seen disappearing, which means that there will be no chance for it to be affected again, except if other factors will set in.

Well we don't know what will happen but it can fall down because many new cases infected of the corona virus and many people died so the market might go dump again.

Definitely, COVID 19 has an influence on the crypto market but I believe things are going to turn around soon based on the following factors:
1. Gradually, some countries are lifting lockdown to increase economic activities once Again, Wuhan in China has done that and just yesterday I heard Ghana has also lifted its intercity travel ban. Parts of Germany have also resumed some activities and all these are likely to influence the market trend positively.
2. The imminent BTC halving and the launch of Ethereum PoS protocol.

Fact is market is generally down and things have gone so bad. Imagine only today the huge dump and I really lost alot this period. I think it's a period one shouldn't hold for long, a period one should do more of day trading j must say. Holding long isn't a good advice for now. Market is going down as coronavirus keeps increasing in number daily. I just hope all these just resolve and world's economy bounces back including Crypto world

How long will one continue to keep watch on the market, day trading and trying to manually sell high and buy low? If you have not been used to the system or that you were not formerly a day trader, it will not be an easy thing to accomplish. The truth is that people are manipulating the market. There is no news and the market is pumping, we should then know that it can also quickly dump.

alot of topic have been created regarding this title and by now it is no more news that irrespective of what the globe is currently witnessing regarding the ravaging of the virus, crypto is still gaining momentum even though some people like you believe the price will drop drastically but bitcoin is still managing to stay around 7k

Just now the price of BTC dropped 4% more because some big investors sell instantly, In the Covid-19 outbreak situation the market situation turned very quickly in the sense that prices could soar high or go down quite dramatically. But you have to know that Halving btc will happen in 24 days again. I think the market situation will be green compared to now.. Take the opportunity to buy at the cheapest prices comrade.

it all depends on how long the corona will last, until now only a few people sell it because there are still many who have money during the lockdown, prices on the market also have not decreased much but if the corona is in a very long time of course what you say can happen

many of us think that the corona virus can affect the market price of crypto, because everyone definitely needs money and the only alternative way that can be done now is of course hoping for cryptocurrency to be able to make money. However, on the other hand there are also people who take advantage of the current situation, even though they are at home, of course they must remain productive by utilizing the crypto trade to develop the money they have.

The spread of covid 19 will lead to a pandemic situation that could slow the global economy is dragging down stock prices; the S&P 500 index is in the red by 10 percent since the beginning of 2020. Bitcoin (BTC) has also taken a hit, with the cryptocurrency trading below $9,000 for the first time since January, although as of Feb, 28 it is still up 20 percent for the year to date.

Meanwhile, cryptocurrency over-the-counter (OTC) trading volume has been on the rise since the virus became a constant part of the news cycle. “We have been seeing a significant uptick in volume over the last 60 days

Globally, the virus’ impact has been varied. Australia, which is closer geographically to Asian economies highly affected by COVID-19, has not seen a significant drop in trading, ppp.
 
The market will not really be affected as such from my view

if we follow your logic, then those people who are at home looking for a profit in the cryptocurrency market, then most likely they are losing money but do not earn, because another mass of people sell their cryptocurrency

At this junction I think market will resuscitate a bit better because of the anticipating BTC halving but we sha hope for the best but I think market will increase more than before and we should be happy this period I think so. It's a guess though but it can still change to the other side.

Yes you’re right about that, a lot of people are going to be selling their coins to be able to buy the things they will be needing right now.

But from another angle, the buying rate might continue to be higher than the rate of selling. It’s possible that a lot of people might see this time as an opportunity to even start buying Bitcoin and that will trigger another increase in the price. And the next Halving is approaching, we already in the month of May, although I am not trying to hype the event that’s about to take place, but it’s likely to lead us to the next bull run. It’s up to you on whether you want to have patience and continue to hold or not.

There are two types of people nowadays, there are people who are now selling their coins because they do not have cash anymore and they want to survive during this current crisis. The other type of people is the one who see opportunities while there is a crisis, there are now a lot of investors that using this kind of crisis as opportunities to make more money because they can have a low average buying area. They also considering the halving and it is also a factor why they are buying bitcoins and other cryptocurrencies.

everything can change very quickly and therefore I am now considering not only the sources of income in cryptocurrencies but also fiat projects. Forex trading, etc. I do not understand what we should expect from BTC in the next half of year.

I think that the opposite of what you think will happen. As you can see, the crypto market is now in the process of recovery from the previous decrease in price that happened last March. Even if people will need their money, investors are still holding their crypto, they don't easily pull out their investment that easily.

Personally I think we'll stagnate at this point a little then the market would tank right after halving and then go hard north. With the daily predictions it's better to use some tools like Stipsoculus if you're s newbie like me and don't know how to properly analyze the market. It helps me alot.

I think the pandemic has a effect on crypto world. And many big governing body are thinking or will be think about crypto as an option. But pandemic also have some bad effects too. People lost their jobs. So many people will withdraw their money from crypto. But I think people should not think about profit and loss for this time. Cause we are fighting with greater problem than profit and loss. Ialso think halving will have a great impact on market. And it's very close to.

not in general. because I'm not sure everyone in the whole world currently uses crypto. I mean only people who have cryptoqurrency assets will sell it. But there's no need to worry because you can see the price of bitcoin moving significantly and I think our hopes are coming soon.

There's no doubt that the issue of the pandemic can contribute to the drop in prices of cryptocurrencies, but taking a closer look, it feels like the value are not affected so much. I still believe that the market would still do well this year despite the issue of pandemic. We only need to be positive and hope that the market response for the halving is huge.

Current market movements are said to be fast all the top coins colored green especially for ethereum, I was surprised under these circumstances the crypto market show a positive trend

take a look at the crypto currency market, although there is a pandemic about corona virus, the price is not much different from the previous one and looks fine, and it can be concluded that the price of crypto currency this time is very good

Next big movement is coming soon. Due to Bitcoin halving rewards event, markets will react in very positive manner. But I see some speed breaks to it due to current pandemic situation.

True, some experts argue that the sharp decline in March was only a massive sell-off simultaneously by most investors. The aim is to get fresh money, in anticipation of losing the value of their assets, it can also be used as funds to face a crisis, however, basic needs must still be met. Moreover, this is a difficult time, many people lose their jobs, various activities are restricted. This is the importance of having reserve funds, savings, and side jobs. Hopefully, this is a lesson for us all to prepare everything when facing difficulties.

Do you mean the decline in the price of Bitcoin now is a break because of the pandemic? I think the price of Bitcoin has nothing to do with Pandemic, and now the bull is still struggling, I'm sure the bull will win

I'm a bit bearish short term and think that we won't explode at Bitcoin's halving like most people think.

Crypto market likes to do what's most unexpected and the situation reminds me of when we were waiting for bakkt and the market to rise when they launch but when that happened the market actually fell.

Now everybody is waiting for the halving thinking this is the way to make money. Buy before the halving and sell after. The market is going to put it to the test.

With most reports that i have read in newspapers and online they are claiming that the peak of the pandemic has reached and now it will slowly go down so in next 4 to 6 weeks we will clearly see the epidemic fading away but i would have been more happy if a real targetted drug for cure of this infection was available by now. Regarding crypto markets i personally assume we will start newong term bull trend from july.

This will majorly depend on the movement of btc after halving. Most indications show there will be an upswing or Bull run as the halving approaches with majority leaning towards the idea that bitcoin might achieve another all time high. How altcoins behave subsequently will depend on the position bitcoin decides take. It might drag altcoins together with it as it moves.

the decline has happened several times, but we can see that bitcoin has retained its price. we don't need to worry, at this time the market may be struggling for a bull that comes along with some major project updates. but regarding this pandemic, I think the impact is over and the crypto market has begun to improve.

Coronavirus actually do affected Cryptocurrency market so badly. With the growth of bitcoin I sincerely expected much more but glad we saw this one. People are out there fighting for their lives not even trading andmany withdrew their assets online to via fiat. Alot happened anyway. We are still hoping for more growth

bull run has the potential to occur but the world economic conditions are currently not good because of the corona outbreak that makes the economy destroyed like this, so nobody knows when the bull run will happen the most important thing we all have to be able to get ready by buying coins at current price and after that make a sell order at a high price so that when there is a bull run you don't miss the chance to get a profit.

Unfortunately for the people who bought bear tokens because of the pandemic are in pain because the market has defied the virus against expectation. I was skeptical of the market during the flash price crash, but this almost instantly corrected and has been steadily growing.  Covid-19 seems to be inconsequential to the market growth.

in fact, when the price of bitcoin goes up to $ 9k, many people assume that the price will go up to $ 10k, and it goes up fast. in fact, the price of bitcoin returns to $ 8k. I honestly assume that the price of bitcoin can reach $ 10k when the price reaches $ 9k, but we never know how the price will move. Most people today assume that prices will pump when halving arrives. Well, we will see that.

Bitcoin pricing is influenced by factors such as: the supply of bitcoin and market demand for it, the number of competing cryptocurrencies, and the exchanges it trades. So marketing executives believe cause marketing is a valid business in crypto market. We can see at some of the different types of marketing campaigns.

1. Digital Marketing Campaigns.
2. Bitcoin trading Campaigns.
3. market analysis Campaigns.
4. Bounty Campaigns.
5. ICO marketing Campaigns.

Bitcoin is approaching 10k level, I do not believe my eyes, it constantly grows for about 8 weeks without any dump, this doesn´t seem as natural healthy growth! Be careful!

when it starts approaching halving like this bitcoin price movements can move as fast as it is very reasonable and it can be used as a first step to start the recovery period of bitcoin prices which could potentially cost $20k again, only time will answer that.

This is not new to everyone as we are expecting a high price surge particularly to bitcoin as halving will soon to hit the market. But knowing that the market is so volatile, the market price suddenly dump after a high sudden price wherein price correction is also expected to happen. So let us still continue to observe the market carefully so we will be aware what is the best move for this.

That's actually caused by the halving but we must be careful about the potential of bitcoin to get another correction after this long term pump.
10k level will have reached as soon as possible and there was no doubt that it can be achieved easily but it looks like the halving will become the time to sell for the news and take our bottom position again.

For coronavirus affect, every where lockdown but government took focus on our economy. Top stock exchange price was fall for this Coronavirus. Before halving time Bitcoin dumped 3.8k USD that dump only reason for coronavirus. For our government steps money crisis wasn't create. Still Bitcoin price a little bit stuck for this coronavirus.

thats great  . i thuoght governments are selfish and forever will be but this is the first time i see them cooperating and helping people especially those poor among poor but still there are some places that are corrupt  , they halve the supplies and cash  .

not only corona virus but there are many reasons for this dumped   .  btc price were also moving now in an upward manner   .  this shows that no virus can stop the btc from flying high  .   next movement for the market for the upcoming days or weeks will be in uptrend position  . i can strongly sense it

i don't see the impact that is too bad on cryptocurrency, what i see is the opposite. i hope it will remain like that in the future. maybe at the beginning of the corona outbreak the market situation was not so good but it did not last long.

see, now the market has started to move up.

Probably there is hype included as well. We all knew there are few days left before halving and the most anticipated event is bounded by hypes. Obviously this will be a great chance for the market ti recover, perhaps the market will have some pulled back cause we all know that fomo is not good and we should have a natural market increase and not due to hypes and manipulations of the whales and some bitcoin influences.

For now we see a good trend and more than 4% increase daily on bitcoin price and hopefully it will continue until the actual halving event.

Not only with crypto, they will sell off the top stocks to have money and buy food. At present, the disease situation is temporarily stable and well controlled in East Asia in particular and Asia in general. But for Europe, it's stressful. This is a situation that can be said is difficult to predict but the financial situation seems much better. US stocks rebounded, and Bitcoin was back on top. It seems that people are quite optimistic about the future economic situation. The sell-off is unlikely to happen again, so I think there will be no turning point in the near future.

If someone knew where the price would go, he would go to the exchange, buy coins and wait. But I think there is hardly a top trader among us. Who can be trusted.

I also thought that but seems the market is not affected, as you can see bitcoin is almost reaching $10,000 price, I'm so surprised I guess this is because of halving.

I do agree with your assessment, the market is not prime for the bull run yet, what is driving the recent push is the Bitcoin halving, it is after this that we would know the direction of the market, another thing to observe is that volume is lower than the February pump which is not normal.

Altcoin prices are still depressed with the strengthening of Bitcoin and I think this will continue until the moment Bitcoin Halving occurs. After the Bitcoin Halving moment, the opportunity for altcoin to rise in price will occur and I think the most important thing is to wait patiently for that moment

Though the corona virus pandemic is not over yet, but I think the issue of it affecting the market or whatever is not really in place now as we see market moving up/improving even in the face of this virus.  The next move in the market could be that, with halving almost here, there could probably be increase in the price of Cryptos, especially BTC and after the halving it is mostly expected that the price will drop, another deep looming.

The reality about trading is that you cannot know the next movement in the trade market.
You can only predict the most likely outcome using TA / FA analaysis or other strategy that you employ.

Remember that anything can happen in the crypto currency front; and this is one paramount reason why you must always do your own research, all the time.

It affected when we saw the price of Bitcoin went down by around 50% last month but right now, the virus doesn't affect the price of cryptocurrency anymore.

We saw already that after the huge price drop of Bitcoin last month, it managed to went up and it is near the $10k already. Yes I agree that people will need money to buy crypto but there are still some people who have spare cash that can be used to buy Bitcoin. If the price will fall after the halving, it will be the "Sell the news" quote and not the virus. The virus and the crypto market doesn't have any connection but it can be a catalyst for the price of Bitcoin to drop again.

To be honest there are no direct correlation between this pandemic and the price movements in crypto marketspace . Human being are strong enough to survive this pandemic sooner / later . Just pay attention to the market a month or two ago , i saw the movement closely Coronavirus won't have large effect on prices of crypto coin . I think the current situation won't remain to much longer ,lots of country losesn up their lock-down for their country economi  to overcome the pandemic cases. We do hope for the best situation over the world .

As of today now the market is falling. Halving is closer than ever now. It is very difficult to predict what will happen in the next two days but we all expect some positive movement after the halving. Let's wait and see.

Market looks good at this moment. Bitcoin already pumped a bit. And now it's stay at 9k+ level. So bitcoin is a bit stable not much that's why others coins are pumping good. Halving is already over. And bitcoin pumped but not much. So I expect that in few months bitcoin will pump more and not only the bitcoin the whole market will grow. But till that time we se some up and downs.

BTC facing resistance at $10k and Whales dumping at this levels, if it breaks and close above 10k we might see it to $11700 within this month. Immediate support at $9500 and 8800.

Market is going great at this moment. BTC is kind of stable. Showing small pump or dump. But most of the good alts are giving profit. Some of them are even have 2-3x profit. BTC is facing some resistance in 9k level if it break the resistance then maybe we will see BTC in 10k room. Hope big market value coins show some good move now. Let's hope for the best.

Yes, no one can make accurate predictions for the market in the future, except God, but if you say this pandemic is a turning point from a crippled market to a high percentage market increase in the next few months, it appears that you have started to knowingly in make a prediction, because the rise in the price of Bitcoin and some Altcoins is because the demand has started to rise, not because of a virus pandemic problem.

Aside from the corona pandemic, America is currently experiencing a political crisis and I think this is what made the price of Bitcoin penetrate $ 10k. CoronaVirus might affect the price but the effect for Bitcoin does not seem to be too deep so the price of some altcoin to the dollar still persists even starts to rise after the price of Bitcoin goes up

The market is really unpredicted. Bitcoin already reach $10k and now return back to over $9k again. We cant certainly predict the next movement of the market because its like a roller coaster ride. So be wise and take advantage whatever the status of the market is, because there's always opportunity to buy or take profit.

Market looks really good at this moment. Bitcoin is kind of stable in 9-10k range. And every other altcoin shows good growth. Most of them which listed on good exchange gives 50-60% profit. Many of them even 2-3x from its base process. So overall the market at this moment is very profitable. But careful before investment in these coins. Of you don't know when or where to invest it's better to do some research first.

Bitcoin pricing is influenced by factors such as: the supply of bitcoin and market demand for it, the number of competing cryptocurrencies. Bitcoin is almost three times more expensive but also the most well-known cryptocurrency in the world.

Now the news and the behavior of the global economy are most affected things to BTC. This was and will continue until bitcoin will become regulated and will have a huge capitalization. now you just need to watch the news to understand the direction of price movement

News is basement of fundamental analysis but I doubt the BTC market traders will care about the fundamental or technical analysis. The sentimental analysis method is currently a widely used method to stop out the big boy's orders, so it is not good idea to rely on both previously mentioned analyses. The order book worth a thousand words and pro trader know how to read the order books and find the liquidity for next big market movement points.

11k can be achieved in a short time and it doesn't need to wait even longer. I remember so many times when bitcoin already surpassed 10k and it can reach 11k or even 12k.
It looks like bitcoin will stay at this rate for the next months.

Cryptocurrency is unpredictable. After you thought, fall down the price of Bitcoin to only 300 USD from 7.1K USD. For this Coronavirus situation Bitcoin price fell down 2x but instead recovered from it. I haven't seen any long time dump prices in the last two months. Every single coin price was pump average 25% in the last two weeks.

This has proven not to be true as most of the crypto assets class gained extremely during this pandemic. I think this lockdown might not affect digital assets in comparison with the stock market, it is just an opinion though

Some countries have already disinfected their fiat money and people can still use it right now. How can you make a conclusion like that when so many people are still using fiat money? They are coming here to make more money from various ways just like trade in the market.
FOMO for bitcoin comes caused by a big news.

We wouldn't know, unless several crypto experts says about possible predictions. I think crypto market is stable now and doing good fluctuation, but we never know what would be the next market or its next activity in the long run it might have a bullish market or a lame market.

I had similar thoughts in the beginning but it seems the opposite is being experienced now. People are now entering the market, investing hard, working from home on the internet, utilizing cryptocurrency as a form of payment etc. Could this also mean people are beginning to understand the concept and future of cryptocurrency?

Market's movement will be affected by the situation of the world. Yes, this is true for the cryptocurrency market too as right now, the whole cryptocurrency market down similar to the world. Countries mishap in management of the coronavirus will take hit in their economy and like the butterflies effect. Countries that have a strong tie or partnership to them will be affected too.

I don't think so. I know there was a chance that where this pandemic can cause a bad market condition for crypto currency. But that didn't happen. The market shows some great stability in bitcoin price. And the other alt coins pumped really good. Some of them even pumped 2x-3x even more. Mostly mid caps coins shows best performance. I think for pandemic more and more people discover this market. Maybe.

I don't believe covid affect any project or probably stop any project from pumping or dumping, though there are alot of project hiding under covid for their failure. But if will should look at it, alot of project are doing extraordinary well, alot of pumps, so developers should stop lieing and start working on developing their project for a better result.

If that was really happening before and why there are so many crypto getting pumped right now? I think we should not believe with any rumour that already created by various parties. If that was a good project and it will become an opportunity for investors and they will not leave it.

Next movement in the prices of cryptocurrencies are always unpredictable so its impossible for anyone to answer. Currently price of most cryptos are stagnant for months already with side swings in the particular sane region so it is the perfect time for day traders to make money but if you are an investor you can buy now and wait for the real bullish trend to arrive.

Agree! It's too hard to say what gonna happens in the market. Based on the market condition like right now, I think the market will grow up slowly before having a bullish season (which I expect to happen after the release of ETH 2.0). As a trader, daily trading is totally suitable for now. It's a good way to earn instant profits. As an investor, I think we now can come back to the market and invest in some coins since the market is starting to recover!

so far, I see that the price increases and decreases that occur only in the range of $ 9100 to $ 9400. now there has just been an increase and decrease like that. yesterday the price of bitcoin reached the price of $ 9400 but returned to the current price. however, at the moment we cannot make further predictions.

So far, none of us knows what will happen in the price of Bitcoin in the market, due to it's volatility.
Mostly could say according to their own opinion and analysis regarding about the price of Bitcoin in the market.
So, all we can do for now is just wait and see what could be the next move of the whale investors.

I don't think that corona or pandemic situation. At the first when the corona situation started to come we see some fall in the market. But that was not long. After that we saw a steady growth in the market. Btc is kinds of stable in the 9k zone. Little bit dips and ups came from btc. For the stability of btc we Sam a high growth from many alts. Normally small and mid cap coins grown really hard. And defi based project gave 2-3x also. And the alt season is still growing. So market is fine in my opinion.

Due to the situation of lockdown everywhere, people have time to study about the blockchain technology and the crypto assets. Staying at home and being idle is making people look into various new opportunities such as crypto market. Moreover, the market has already seen the fall now’s the time for rise and not even a pandemic’s going to stop it (might slow down a little).


No sort of such thing has been observed until now. I agree to the fact that the economy is pretty bashed at the moment and people will turn to sell their cryptos, but we should also acknowledge the fact that most of the people invest in crypto currencies with the spare money they have and moreover no one’s going to sell their assets at loss. Everyone is waiting for the market to pick up.

You're half right about it. Yes, people desperate enough because of corona virus will sell their crypto bag. The same could be said for any investor looking for a good time to invest in as they see the profit for a cheap price of good crypto. Eventually, I think the market will balance out.

The stock market took quite a hit due to the pandemic and the reason behind this is that almost all the companies had to completely shut down the work due to lockdown situation and still had to give the minimal pay to its workers. This incurred loses to the companies, banks and other businesses driving the stock prices low. But in case of cryptos, the price of the coin does not really depend on the profits or losses of a company, it depends on all of its investors across the globe. Therefore, the market continues to thrive.


Completely opposite of what you are saying has happened. The crypto market remains strong and unharmed even during the ongoing pandemic and continues to thrive even in this economic crisis. Many assets such as gold, stocks etc were affected but crypto market on the other hand continues to keep a firm hold. It seems like just as Venezuela, other countries are also finding refuge in the crypto world during economic crisis which is arising due to the ongoing pandemic.

Of course the current corona pandemic has in one way or the other affected the crypto operation globally because some conferences which were supposed to be held in favour of crypto market have been postponed till further notice.A lot of people with fear that crypto may collapse soon have started withdrawing their funds and by so doing having a negative effect generally on the market. However, there is still hope that situation of things will soon get back to normal for  crypto and the market level will rise positively.We just have to keep our focus firm and remain persistent with crypto investment because the market will experience a boom very soon.

It already is positive as most alts follow Bitcoin on its way up.

We had some positive news for Bitcoin in the last 2 weeks and everyone is bullish for ETH so the rise in value can be easily explained.

Regarding the boom, I don't see it this way. The market cycles are becoming longer and the most probable year for a new market bubble is probably going to be 2022. We are already in a bull market but the cycle is going to take between 1 and 2 years.