Do you think that a second wave of covid-19 will affect the Bitcoin price like it did last time?

[Trojan8]

I don't think that the second wave would have any significant impact in the crypto market. My reasons are because people are more prepared for it as opposed to the first time. Panic was the main reason why people went short then, it's not the case now. And more businesses have adopted crypto since then so it is in a stronger position.

 

[Sincerem]

The West nile coronavirus pandemic has had a huge economic impact around the world. As a result, the behavior of all financial instruments, including cryptocurrencies, was significantly affected. It turns out that the virtual currency market's fluctuations during this time span represent changes in other capital and commodity markets.

Cryptocurrencies was never by any means affected negatively by the global pandemic. Instead it bolstered the demand and supply cycle of the coin. Made lots of investors to take it as another chance to add more money to the bank.

 

[Good-Person]

Many countries are now suffering from Covid's second wave. For example, India and Chile are facing the problems caused by the second wave, but I do not think this has caused a fluctuation in the price of bitcoin rather it is the influence of US tax policies and other factors such as economical factors that indirectly influence the price of Bitcoin.

 

[Ehizzy1]

I don't think that the second wave would have any significant impact in the crypto market. My reasons are because people are more prepared for it as opposed to the first time. Panic was the main reason why people went short then, it's not the case now. And more businesses have adopted crypto since then so it is in a stronger position.

I also hope so because the first wave have a lot of impact on crypto currency ,that a lot of people were investing into crypto currency to earn more money instead of other means

 

[Sincerem]

Many countries are now suffering from Covid's second wave. For example, India and Chile are facing the problems caused by the second wave, but I do not think this has caused a fluctuation in the price of bitcoin rather it is the influence of US tax policies and other factors such as economical factors that indirectly influence the price of Bitcoin.

Many have passed second wave, third wave even in the fourth wave of covid19. They have halted activities often times cos of the continuous high surge of corona virus.

 

[FreshKaz11]

At the beginning of the epidemic, the price of Bitcoin dropped to $ 5,000. Do you see that will happen again if another wave hit this last two months ??

I don't think that would ever happen again,I mean the second wave, because there is a cure out here now so we should forget about it,but if possible it comes I don't think it would affect Bitcoin anymore.

 

[Good-Person]

Many have passed second wave, third wave even in the fourth wave of covid19. They have halted activities often times cos of the continuous high surge of corona virus.

Do you think Covid-19 has some any effect on the price of Bitcoin or any other cryptocurrencies? I really do not think so. Covid-19 pandemic started last year in 2020 and the price of Bitcoin was booming, so I personally do not think that pandemic has anything to do with crypto price.

 

[Sincerem]

Do you think Covid-19 has some any effect on the price of Bitcoin or any other cryptocurrencies? I really do not think so. Covid-19 pandemic started last year in 2020 and the price of Bitcoin was booming, so I personally do not think that pandemic has anything to do with crypto price.

It affected it earlier, but with time it recovered its value and started rising till this day. Did you remember when BTC was peaked at $10k? Just one year passed, now it is $56k.

 

[Damscooguns73]

Concerning if the second wave of the covid-19 will affect the Bitcoin price like it did last time. Well, I really doubt if the second wave will affect it and if it does, it wouldn't be a cause for alarm since we know it is a volatile market, the price drop might not be much and there is going to be a rise sooner or later

 

[Sincerem]

Online business, investment isn't all that affected by covid19. Bitcoin and other crypto coins has shrug off the tension of being affected by covid19. Since it is operated digital stay indoors to invest and command transactions, making the coins value to be growing.

 

[Setfragil]

Bitcoin has proven to be a force to be reckoned with in the cryptocurrency world. If it survived the first wave of the pandemic in early 2020, I think it has survived it by the bearish run it recorded in early this year.

 

[Nomad]

In 2020, when the price of Bitcoin and ll other major crypto currencies started to gain value, a lot of people believed that it was Covid pandemic that appreciated the crypto currency market. However, the interpretation was not very true and it was evident after crypto market crashed when Delta variant surfaced.

 

[mcjerry]

I don't think that it will affect the price of bitcoin like the last time. Because when the pandemic first came, it came like a surprise and this no one was ready for it. But next time it will be different

 

[harrypaul]

Yes it would definitely have an effect on the Bitcoin price because during the first wave, most people where online searching for a possible way of making income and a lot of people developed the interest in Bitcoin.
So there is a potential that in a second wave, more people would be home trading in the currency

 

[Elfinito]

another wave of lockdown may see the price of bitcoin rise to 100k and above.
during the first wave a lot of people did not know about the crypto so only few people engaged in it but now the world is aware of the profit you can possibly make from trading on the crypto space, so certainly if we go into another lockdown thing a lot of people will go into crypto trading and this will see the price of some coins go up

 

[Kubiat-Abasi]

If a global shut down emanates again, I'm sure there will be a decline in Bitcoin although it won't be so drastic. The economic meltdown will take its wheel.

 

[Seno inyang]

I pray there should be no second wave of the covid19 because I can't afford remaining indoors and all I do is work online, eat and sleep.

 

[nimzy]

Well.no one has ever dream of the second wave of the covid 19 pandemic outbreak because it has cause alot of damage to the economic situation of every state. this is nature in which no one can be able to predict what will happen in the future it may cause a change and it may not make difference when it occurs.

 

[joy101]

I don't think it can affect the price of bitcoin and I don't pray for any second pandemic again, please we don't want such thing to happen again.

 

[Justin]

I do not think Covid has anything to do with Bitcoin price or crypto currency in general. Bitcoin or other crypto currencies began rising during the pandemic because people started investing more on crypto market.