With Effect On global economy, will Covid 19 affect expected Bitcoin Halving?

[kotajikikox]

With the advent of the Corona Virus otherwise known as Covid 19 global Pandemic, will it impact negatively on the eagerly expected Bitcoin Halving come May 2020? For me I have watched closely,  the movement of bitcoin from the bearish to bullish, back  and forth. Could it be worse with this pandemic? The covid 19 pandemic has undoubtedly affected global economy and I believe crypto will not be an exception. What's your take?

I think it is very hypocrite to say that Bitcoin Halving will not be affected with this Corona Virus when everything in the world now are affected right?it is very given that at least the Bull market will be late comer since we are still in this Pandemic

It may it may not. The cryptocurrency market quickly recovered from the sudden crash of the pandemic and has been holding strong especially the Bitcoin market
This crisis will not after the halving coming up next month.

Holding strong with 7k level now?but that is not enough because we should have seen at least more than 10k if this pandemic did not spread the world.

[imstillthebest]

With the advent of the Corona Virus otherwise known as Covid 19 global Pandemic, will it impact negatively on the eagerly expected Bitcoin Halving come May 2020? For me I have watched closely,  the movement of bitcoin from the bearish to bullish, back  and forth. Could it be worse with this pandemic? The covid 19 pandemic has undoubtedly affected global economy and I believe crypto will not be an exception. What's your take?

your right with this  . for who is crypto anyway and why it will be exempted on the engative effects  when in fact even big companies and markets are now already suffering  . pretty sure btc halving are going down to be cancelled  but this is fine  because other important events are also cancelled too  .

  better cancel it than continue it with less support from the public because you know less people are only bagging btc  . its disapointing to see halving coming with now improvement in the price  ,so  . 

[hatshepsut93]

Some may think that halving will be delayed like everything else, but fortunately the virus cannot disturb such things, so BTC halving will happen exactly according to the technical specifications. Of course, it is quite another question whether this event will cause the price to rise given the current economic situation. No one can say that with certainty, but if the world manages to deal with the virus and if the economy restarts, I believe it will have a positive impact on BTC.

Some may think that the current price is low, but it was even lower last December, and I am quite pleased with how BTC is coping with this crisis. From a $4000 low to $7000+ today is only proof of resistance and many people who still believe in this project.

Well, there's more and more evidence that Bitcoin started following the stock market, and combined with the current projections that the epidemic should end or at least be minimized in 1-2 months, it's likely that Bitcoin will turn truly bullish sometime soon. We are still not far from the key support level of $6,500 that was defended in the past, and it's possible that we will have to test it again, but still I'm bullish for this year as a whole.

[FanEagle]

It is not really that much shocking to think bitcoin halving may not be affected because lets face it by the time bitcoin halving happens this corona virus thing will be basically getting smaller and smaller and also the financial world is getting better and better even right now, by the time halving happens financial world basically be not only recover but look ahead like nothing happened.

I know it sounds crazy to think like that and I would have said the same thing if I didn't checked the stock markets and the companies profits and also crypto prices as well, everything looks like nothing has happened so far and that is shocking to me but if that situation is like that then it shouldn't matter to halving as well. At least that is what I am assuming but maybe I am wrong I don't know.

[Harlot]

Honestly at this point I'm not even sure about what my answer is anymore. I was one of the many persons out there that the drop of Bitcoin was just coincidental with the early spread of COVID-19 but when I saw that other markets are dropping together with Bitcoin dropping from 10,000$ down to half of it's price that's when I started to believe that even investors in our own crypto market are also panicking. The success of the expected pump we want to see in the nearing halving will depend on the future state of our Earth and I think only recovering from this pandemic is the key for that to happen.

[Twinkledoe]

Honestly at this point I'm not even sure about what my answer is anymore. I was one of the many persons out there that the drop of Bitcoin was just coincidental with the early spread of COVID-19 but when I saw that other markets are dropping together with Bitcoin dropping from 10,000$ down to half of it's price that's when I started to believe that even investors in our own crypto market are also panicking. The success of the expected pump we want to see in the nearing halving will depend on the future state of our Earth and I think only recovering from this pandemic is the key for that to happen.

Truly, the pandemic situation greatly affects the crypto market also. It is interesting to know what would be happening before and after this bitcoin halving. Hard to speculate because it is like a mess now. Global economy is affected by this health crisis that we are experiencing. But I have good hopes in this upcoming halving. Even with this crisis, bitcoin is trying to fight and increase its value. A lot are predicting it will go down below $3k but here we are, more than $7k mark.

[carlisle1]

It is not really that much shocking to think bitcoin halving may not be affected because lets face it by the time bitcoin halving happens this corona virus thing will be basically getting smaller and smaller and also the financial world is getting better and better even right now, by the time halving happens financial world basically be not only recover but look ahead like nothing happened.

 

Sorry but we still have 1 month before the halving so let us not preempt the momentum mate,There will be a cure for the disease tomorrow or the next days or week ?no one knows so we still have a plenty of time to wait and speculate .

I know it sounds crazy to think like that and I would have said the same thing if I didn't checked the stock markets and the companies profits and also crypto prices as well, everything looks like nothing has happened so far and that is shocking to me but if that situation is like that then it shouldn't matter to halving as well. At least that is what I am assuming but maybe I am wrong I don't know.

lol our situation now is much better compared the start of 2019 so why feeling like this when the truth is market is still showing Good at this more than $7k level?