How would Bitcoin react with another global lockdown?

[Abiky]

If there's another pandemic and governments decide to do a "lockdown", how would Bitcoin's price be affected? Will it go up, or go all the way down the drain? Because recent crises has led to a downfall of BTC's market prices, albeit for a short period of time. Long-term speaking, Bitcoin always recovers.

I've thought history will repeat itself once there's another major global catastrophe. The Nipah virus and H3N2 flu are now taking the world by storm. If they turn into another pandemic, markets will be doomed.

Thoughts?

[noorman0]

Didn't Bitcoin reach its all-time high in the previous cycle during the pandemic?

It depends on how quickly the world can adapt. As social distancing demands and then the WFH narrative became trending, digital currencies played a crucial role in providing niche solutions for the transition in the business and work world. Indeed, market sentiment sometimes overreacts to macroeconomic news and policies, which is why you saw Bitcoin crash in the beginning.

[Luke3bird]

If there's another pandemic and governments decide to do a "lockdown", how would Bitcoin's price be affected? Will it go up, or go all the way down the drain? Because recent crises has led to a downfall of BTC's market prices, albeit for a short period of time. Long-term speaking, Bitcoin always recovers.

Price can be affected in short term as a market shock when people in the market as human can feel very emotional and panic with some big news like pandemic, endemic or lockdown.

In long term, like after Covid-19, the markets recovered well from stock market to Bitcoin market and it will be similar this time if there is any lockdown with Nipah disease.

In longer term, Bitcoin market continues its growth, lockdowns are only temporary and the world will be opened again. Also lockdowns are in societies, transportations while Bitcoin blockchain will not be affected as miners continue their mining works and confirming Bitcoin transactions like charm.

Even China crackdown on Bitcoin mining did not kill Bitcoin blockchain, did not prevent Bitcoin price to make new ATHs.

[Die_empty]

If there's another pandemic and governments decide to do a "lockdown", how would Bitcoin's price be affected? Will it go up, or go all the way down the drain? Because recent crises has led to a downfall of BTC's market prices, albeit for a short period of time. Long-term speaking, Bitcoin always recovers.

I've thought history will repeat itself once there's another major global catastrophe. The Nipah virus and H3N2 flu are now taking the world by storm. If they turn into another pandemic, markets will be doomed.

Thoughts?

I don't think the world would experience another form of COVID-19 pandemic that led to long-term shutdowns. Both viruses are dangerous but H3N2 has antivirals and vaccines, while Nipah has no specific treatment for now. The Covid19 experience has made the world better prepared for another pandemic.

During the last pandemic, the crypto market experienced a downturn. But Bitcoin performed better than gold, the dollar and most stocks. My view is that if this new virus becomes a global pandemic, the market will be affected negatively, but it will surely stabilise in a few months.   

 

[Outhue]

Didn't Bitcoin reach its all-time high in the previous cycle during the pandemic?

It depends on how quickly the world can adapt. As social distancing demands and then the WFH narrative became trending, digital currencies played a crucial role in providing niche solutions for the transition in the business and work world. Indeed, market sentiment sometimes overreacts to macroeconomic news and policies, which is why you saw Bitcoin crash in the beginning.

No, the lockdown was in 2020 and everything crumbled, but as we get closer to the end of 2020 the sign of life start to return into the market, Bitcoin made it's previous all time high in 2021.

There are two sides to what could happen from here on, in the presence of money and liquidity Bitcoin might go up to 104k and right now the temporary double bottom is formed, but there is a higher chance that we are heading down from here on because of the signals that are flashing a bear market already, even if we have a bounce the end route is still way down.

[Spaceman1000$]

If there's another pandemic and governments decide to do a "lockdown", how would Bitcoin's price be affected? Will it go up, or go all the way down the drain? Because recent crises has led to a downfall of BTC's market prices, albeit for a short period of time. Long-term speaking, Bitcoin always recovers.

I've thought history will repeat itself once there's another major global catastrophe. The Nipah virus and H3N2 flu are now taking the world by storm. If they turn into another pandemic, markets will be doomed.

Thoughts?

If a pandemic happens and the global market seems to be affected, literally all the commodities on the international market and including the stock market will also go down in price due to shock,  it will not be a time to say that a particular commodity will go down in price and rest will not, it is a global epidemic and the market will greatly be affected, this is because some persons will be in panic mood to withdraw, however I feel that's the best time actually expand your investment though. So even when bitcoin might be affected , it will not be affected as a single entity.

[FinneysTrueVision]

No, the lockdown was in 2020 and everything crumbled, but as we get closer to the end of 2020 the sign of life start to return into the market, Bitcoin made it's previous all time high in 2021.

There are two sides to what could happen from here on, in the presence of money and liquidity Bitcoin might go up to 104k and right now the temporary double bottom is formed, but there is a higher chance that we are heading down from here on because of the signals that are flashing a bear market already, even if we have a bounce the end route is still way down.

Initially, it did go down. Then they decided to stimulate the economy by printing lots of new money and that’s when Bitcoin reached a new all time high.

Any event that causes a liquidity injection of that magnitude is likely going to be great for Bitcoin’s price. I’m not so sure that it will be another pandemic which leads to this. Even though lockdowns might have saved some lives, there are enough people who believe those measures were an overreaction that it will be hard to get the population to go along with something similar again.

[Tongley]

We can never say for sure what will happen in the future. However, if the global lockdown that was being called during Covid-19 is repeated again, then there will definitely be a negative impact on Bitcoin. Because when no one has the money to buy Bitcoin, how will they buy Bitcoin? If there is a long-term lockdown, then maybe many people will start selling Bitcoin to meet their family needs. If this really happens again, then the price of Bitcoin will decrease a lot again.

But yes, as soon as the situation stabilizes again, maybe we will see a new ATH of Bitcoin in the market. Because when the price of Bitcoin decreases, everyone will try to use this opportunity and will be interested in buying Bitcoin aggressively.

[CONVOAI]

If all governments impose lockdowns again due to a pandemic, then initially the price of Bitcoin may go down but later it will be able to recover because now the governments have learned from COVID, so I think if there is a global lockdown, it will not be very lengthy. They may impose lockdowns for a short period of time.

[Onyeeze]

If there's another pandemic and governments decide to do a "lockdown", how would Bitcoin's price be affected? Will it go up, or go all the way down the drain? Because recent crises has led to a downfall of BTC's market prices, albeit for a short period of time. Long-term speaking, Bitcoin always recovers.

the thing is that if there is a pandemic it will affect investment of different kind it is not to only a cryptocurrency and the Mostly Bitcoin that the thing will affect that much, also affect other businesses but some people don't think of that, from the time pandemic happens I think that is 5 years back it is not only bitcoin that it affected it affects the price of other commodities so it is a general sin to anybody that deal with business so I believe that with this kind of scenario if pandemic happens today the price of Bitcoin will a drop in price on the any other cryptocurrencies will be also be affected due to people will not likely to go into investment for the moment

[Nahl]

Nipah virus indeed very trending that because similar to covid on 2019 no vaccine for this virus so far and speaking about bitcoin reaction if lockdown happened again i think it's hard to predicted that because i am sure the situation won't be same anymore just like covid pandemic but probably bitcoin price will determine by how bad the condition of global economic because if the pandemic more worst potentially bitcoin will be down because people can't leave the house and cannot jobs so, they will sell their asset including bitcoin to survive because surviving in the middle of pandemic is more important

[free-bit.co.in]

Didn't Bitcoin reach its all-time high in the previous cycle during the pandemic?

It depends on how quickly the world can adapt. As social distancing demands and then the WFH narrative became trending, digital currencies played a crucial role in providing niche solutions for the transition in the business and work world. Indeed, market sentiment sometimes overreacts to macroeconomic news and policies, which is why you saw Bitcoin crash in the beginning.

But before Bitcoin peaked, it was dumped and dropped more than 50% in just a few days as COVID broke out and the global economy went into lockdown. Bitcoin only rose when the Fed and central banks decided to inject trillions of dollars into the economy to rescue it.

If I remember correctly, not only Bitcoin but also the stock market boomed and peaked thanks to the inflow of money. That means that if the government had not injected money, the opposite would have happened. Therefore, if another pandemic occur, whether bitcoin will rise or fall will depend on the situation at that time.

[Alpha Marine]

Bitcoin will surge if there's another lockdown due to a pandemic. I have also thought about it a lot. A lockdown will mean people will need the internet even more. Jobs will be down online, and businesses will be down online, more thing swill be purchased online, and they will need more ways to carry out transactions, and bitcoin is a perfect online transaction.
This will create more exposure and popularity. More people would want to convert their fiat into Bitcoin, too. The last pandemic and lockdown were favourable to Bitcoin's price, and I believe another one will be even more favourable.

[_act_]

I've thought history will repeat itself once there's another major global catastrophe. The Nipah virus and H3N2 flu are now taking the world by storm. If they turn into another pandemic, markets will be doomed.

How are you very sure what that happened in 2020 that crashed the price of bitcoin in 2020 was COVID 19 pandemic? Did you know that bitcoin fell sharply from over $7000 or so to $3900 within just some minutes before it increased back up to $5500 all within few minutes. How is that COVID-19. CZ even said the crash was not caused by COVID and I believed him on that. Why during the COVID, bitcoin started to later increase?

It was just a coincidence was what I noticed, but people may now turn it to sentiment if their is another pandemic.

[Pandorak]

If there's another pandemic and governments decide to do a "lockdown", how would Bitcoin's price be affected? Will it go up, or go all the way down the drain? Because recent crises has led to a downfall of BTC's market prices, albeit for a short period of time. Long-term speaking, Bitcoin always recovers.

I've thought history will repeat itself once there's another major global catastrophe. The Nipah virus and H3N2 flu are now taking the world by storm. If they turn into another pandemic, markets will be doomed.

Thoughts?

I think if a pandemic really happens again, all sectors will definitely be affected, including the crypto market. Although the impact may not be as severe as Covid-19, it will still require resources to deal with it, especially if the government reimposes lockdown measures, causing the economy to grind to a halt again. In that case, everyone will inevitably sell everything they own just to survive (crypto, gold, stocks), regardless of how strong the fundamentals are, survival is the most important thing.

In other words, the direct impact will undoubtedly affect prices temporarily. Once things gradually recover, policies are relaxed, and the government potentially prints large amounts of money again, Bitcoin could become a safe haven amid the ongoing turmoil, given its limited supply. This is when Bitcoin will recover and could even rise significantly above its previous price.  

[Strongkored]

Bitcoin's movement isn't entirely influenced by global events. Evidence from the previous pandemic indicates that Bitcoin's four-year cycle persisted, with Bitcoin achieving a new all-time high.
Likewise, if a pandemic occurs again, Bitcoin will continue to move according to market demand. Furthermore, memories of the previous pandemic are still strong, so many will learn from the past.

[Swordsoffreedom]

Nipah virus indeed very trending that because similar to covid on 2019 no vaccine for this virus so far and speaking about bitcoin reaction if lockdown happened again i think it's hard to predicted that because i am sure the situation won't be same anymore just like covid pandemic but probably bitcoin price will determine by how bad the condition of global economic because if the pandemic more worst potentially bitcoin will be down because people can't leave the house and cannot jobs so, they will sell their asset including bitcoin to survive because surviving in the middle of pandemic is more important

Nipah virus is not a new virus, it was discovered in 1998-1999. Although no vaccine has yet been officially licensed for use in humans, some studies at Oxford University have entered phase 2. It could be said that the Nipah outbreak was not too serious, but it seems our world is obsessed with COVID, and the mere appearance of an unfamiliar pathogen immediately amplifies the fear

Regarding Bitcoin, we need to be realistic that it remain a risky asset and is unlikely to perform well in an unstable economy. There is no guarantee that it will grow if another pandemic occurs, causing the global economy to be locked down again

[pooya87]

The real question is how it would affect the global economy. In case of pandemics and lockdowns, the global economy enters recession and that means people won't have any money to spend or invest, they'll also have to liquidate assets to survive (meaning they for example sell their bitcoins). So obviously all markets crash because of that increased sell pressure and decreased demand.

[Sulegzy39]

If there's another pandemic and governments decide to do a "lockdown", how would Bitcoin's price be affected? Will it go up, or go all the way down the drain? Because recent crises has led to a downfall of BTC's market prices, albeit for a short period of time. Long-term speaking, Bitcoin always recovers.

I've thought history will repeat itself once there's another major global catastrophe. The Nipah virus and H3N2 flu are now taking the world by storm. If they turn into another pandemic, markets will be doomed.

Thoughts?

How would the price of Bitcoin be influenced if there was another pandemic and governments imposed I’m not so sure that it will be another pandemic which lead to this. Even thou Lockdowns might have saved some live there are enough people who those measure were an overreaction a "lockdown"? Will it go up or down the drain? Because recent crises have caused a drop in BTC market prices, although for a brief period of time. Long-term, Bitcoin always rebounds.


I think it's hard to foresee that, because I'm sure the circumstances won't be the same anymore, just like the COVID outbreak, but Bitcoin's price will probably define how awful the global economic conditions are. I've always believed that history will repeat itself if another huge global calamity occurred. The Nipah virus and H3N2 flu have taken the world by storm. If they turn into another epidemic, markets will fail.Thoughts?

[Ryu_Ar1]

For the next few years I am quite doubtful that something like this will happen again because looking at the series of events it seems that this is too soon after the lockdown in Covid 19 but if there is the worst possibility for a pandemic and requires us to return to Lockdown then it is certain that it will have an impact on bitcoin at least for the temporary market that occurs.

Slight movements such as for influencers or politicians alone have felt that an already volatile market is increasingly volatile especially when there is a moment that makes the habits of people around the world change at one time, surely it will make the market quite hot for a while.
It will be a normal reaction, not from bitcoin but people who utilize bitcoin especially for those who always trade every day then any momentum will definitely be a benefit for them.