Bitcoin fall

[Oasisman]

What does you guys thinking about the bitcoin fall because of the CORONA Viruses catastrophe? Will bitcoin fall to $3000 in this year of 2020? And what's about the halving?.

Bitcoin almost fell at the $3,000 level until it bottomed at $4,100 and bounce back to $6,000. But, It's not gonna be the time to get comfortable for the price to continue rising since the pandemic are still spreading and the number of cases are still rising in Europe and America.
The block halving maybe the only thing that's holding Bitcoin's price today, If not because of it, we might have seen a worst figure than the last bottom.

[imstillthebest]

What does you guys thinking about the bitcoin fall because of the CORONA Viruses catastrophe? Will bitcoin fall to $3000 in this year of 2020? And what's about the halving?.

Bitcoin almost fell at the $3,000 level until it bottomed at $4,100 and bounce back to $6,000. But, It's not gonna be the time to get comfortable for the price to continue rising since the pandemic are still spreading and the number of cases are still rising in Europe and America.
The block halving maybe the only thing that's holding Bitcoin's price today, If not because of it, we might have seen a worst figure than the last bottom.

There's a lots of possibilities that might take place since the virus still there and  is not been cured. Like what you have said halving is one of those reason why  holders still trying to survive and keeps their assets.
Bitcoin might fall more if in this virus continue to grow in terms of victims and economy of every nations got penetrated to fall.

You said people persist to hodle because they are still yet waiting for the halving ? That only means that no Corona will impact the virus  (hope so) but this theory might be true because btc price didn't fall down beyond the 6k USD mark  . It'll only rise ( I can sense it ) .

we must be really thankful about the halving and thankful because it haven't been done yet but once it done I can't imagine anymore if what will happen , maybe the price will go down more if ever the virus still spreading strong on other countries .

[Yamifoud]

This month of March have been a roller coaster ride for the price of Bitcoin, from a value of $9,000 it goes downhill to $3,500, just when the corona virus started. But, in these present days, we could see a significant rate increase in the price of the coin, and is constantly struggling in a price of $6,000. As the Month of march would be ending, I think, the price of Bitcoin will continue to increase in the next month, with little rise and fall until the halving. The halving event will affect the standing of Bitcoin greatly as its price would surely deplete causing a massive demand + impending demand due to the quarantine.

I think all the times we've been in a rollercoaster-like. This a nature in crypto trend and a lot of factors that would change the market that is why there is nothing to put blames about this. The volatility feature of the market reminds everyone how the risk is we are facing. People who are willing to accept the consequences its either losing or gaining will only survive. Besides, being a risky investment many will still be eager to put themselves at risk coz they are attracted to some people had succeeded in here and become a millionaire. And they are hoping that it works with them in the future.

[Jating]

Ok looking at the current price, bitcoin has just broken a big mental barrier of $7k. So obviously, we are moving away from the $3k price and we already doubled it by today's price. So I don't see the price falling to that level again. And with the block halving approaching, perhaps we have a chance that investors are going to flock again. I'm not saying that we should invest today, but smart investors are way ahead of the game and know when to enter specially that we are just months away from the block halving.

[FanEagle]

This looks like just the start of a big bull run. I mean $7k was a psychological war for us and we managed to break over it, which means there will be even more people who will see bitcoin as a good investment from now on and that is why there will be more people buying and more price increases.

Of course this may not happen if the sellers starts pressuring again, when you have a lot of buyers and a lot of people wants to see it high, only one thing stops it, people who have bitcoin that normally do not sell under $7k but willing to sell over $7k, those people who sell will be the decisive factor in this time, if they are not big in numbers we will continue to surge, if there are tons of them then we will see bitcoin trying to go up but fail and fall because of it.