With the recent launch of the Covid 19 vaccines, will it affect bitcoin, I assume that the Covid 19 vaccine will make the economy stabilize again, will this also affect bitcoin? will bitcoin weaken or vice versa?
We are currently in a bull market and I think it has a little or maybe no impact at all. Institutions investing in crypto and using it as a hedge fund is what drives the bull-market currently. The effect of having the vaccine to the economy as a whole might not show a great impact as a whole since there are still some countries who are seeking vaccines to aid the pandemic and are still recovering from the demise it has brought. Even the last pandemic only affect the market for a while, it recovered as soon the lock down period started to ease up.