I don't really know why people think that somehow the price of bitcoin is going to crash, do people actually think that just because the vaccine is already available all of the economic problems that we have are going to suddenly disappear? Do people actually believe that all of the jobs that have been lost during the pandemic are going to come back? Even if the healthcare aspects of the pandemic disappeared today we're going to have to deal with the economic consequences of the pandemic for years which means the price of bitcoin will remain where it is.
Exactly. The recovery of the mainstream economy doesn't happen overnight. It's a process that could take years before everything goes back to the way it was before the pandemic. The vaccine just gives us hope that the end of COVID-19 is near. Bitcoin seems to be largely unaffected by vaccine distributions, as prices are rising towards new ATHs (All-Time-Highs). More people are relying on Bitcoin as a sort of "hedge" against Fiat. As governments print more money to "help save the economy", Bitcoin's price will increase faster than you could ever imagine. Who knows if Bitcoin goes well above $100k in the upcoming months?
Nonetheless, comments about a vaccine causing a Bitcoin crash are nothing more than FUD. Haters try to spread such misinformation, in order to scare away people from Bitcoin. They want to buy the dip, to sell at higher prices in the long term. But that's not going to work, as more people are becoming aware of Bitcoin's true benefits relative to Fiat. To me, Bitcoin is the successor of Gold bringing a new era of financial freedom. Let's hope it goes all the way "to infinity and beyond". Just my thoughts
