Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now
We can leave the Coronavirus to what's happening in the market, the market has bounced back months after the pandemic, although we are still in the correction period, the market will eventually show it's strength, before the end of the year, the picture could have been much different if we do not have this pandemic but the end results will just be the same.
That is very true. No one wanted a pandemic to happen but eventually it came. The market is very difficult to recover because it depends on the world economy. Currently, the world's two leading economies, the United States and China, are still struggling with the pandemic. It takes at least 1 year for them to recover the economy, then the market can recover