Will BTC keep growing at the same rate even after the pandemic?

[Lagazine]

I predicted some weeks ago that bitcoin price will fall and its falling right now. It will still fall more than expected. Bitcoin rise and fall depends generally on the the economic situation of the country, its a great trading market for the wise.

 

[Asad Ali]

It is difficult to say because this currency fluctuates. But cryptocurrencies are constantly growing and people are making huge profits by investing in them۔In the last few days, the currency has crossed the 34,000$ level and set a new record, but is now steadily declining Investors have a role to play in its ups and downs and its future is in the hands of investors.

 

[Emmanuella]

well, I strongly believe BTC will continue to grow even after the pandemic. the increase these past weeks was not as a result of the pandemic, it's growth is as a result of more investors. I am convinced that the growth of BTC won't stop even after the pandemic

 

[Ehizzy1]

I think it would continue to grow even after the pandemic because a lot of people knew about bit co in due to the pandemic , if not a lot of people wont know about it and now that people have know about bitcoin they would continue to invest i think ,and the price would keep on increasing higher i think

 

[btaliat]

In my candid opinion, bitcoin boomed because of the lockdown. And with the look of things, no country wants to embark on another total lockdown. So there is tendency that bitcoin may reach its peak soon, let's say June, this year.

 

[WhiteHouse]

Cryptocurrencies and Bitcoin run through demand and supply logic, so it depends on people's attitude towards Cryptocurrencies, and since last year Cryptocurrencies have been growing on a steady rate, I guess it will continue.

 

[Kaindio Agnes Wanja]

It is so difficulty to predict what will happen if it will continue to grow or not because of its fluctuations .
We see that at times it increases at a very high rate and at other times it falls below our expectations .
So i think its trend is unpredictable due to that

 

[Tienda]

Maybe is possible will keep growing, because the pandemic brought many of people to the cryptocurrencies. So those people they have encountered the cryptocurrency for the first time and is possible will find it interesting, because it is an extra income, so they will stay using cryptocurrency.

 

[Nma]

Well.... I don't think that it's the pandemic that brought about the rapid rise in BTC...... As we all know bitcoin is volatile.... it's can rise or fall at anytime.....

 

[ahmedo24]

The pandemic was a booster not the key factor so bitcoin will continue to rise post pandemic because the comfort, the opportunities in it are beyond pandemic, the volume of powerful Investors will automatically push for it rise no doubt.

 

[Damscooguns73]

I don't really think or can say precisely if it is the current pandemic that is making the bitcoin grow nearly every day. I believe it will still continually keep growing even after the pandemic

 

[Akinwale701]

If you are atleast following the growth of BTC, you will notice that its value got insanely increased in this pandemic, which is good for the crypto world, investors and BTC itself.
But do you think after we are done with this pandemic and life comes back to its normal routine, will BTC keep increasing in value like in 2020 or will the rate drop?

it is not certain that the corona virus pandemic will be over anytime soon and so we can't use it to judge the price of bitcoin. hoarding is one main reason why bitcoin price keeps increasing, people who have the coin are not ready to sell, miners are also not doing much work.

 

[Kgudners]

BTC, well in my opinion, it increase determines on the investments

 

[Akinwale701]

If you are atleast following the growth of BTC, you will notice that its value got insanely increased in this pandemic, which is good for the crypto world, investors and BTC itself.
But do you think after we are done with this pandemic and life comes back to its normal routine, will BTC keep increasing in value like in 2020 or will the rate drop?

no body knows there was gonna a be pandemic, nobody knows the price of BTC was gonna a be madly high like this, nobody knows bitcoin was gonna a "swallow" all other Cryptocurrency like this. so, how can anybody now know whether the price will continue to be high after the pandemic?

 

[Deleted member 6201]

As of December 16, Bitcoin has increased by about 195% year-to-date, topping $23,000, but what is driving this meteoric rise? The reasons for its appreciation vary, but Bitcoin has grown from what was once considered a scam by many into something that has matured into a viable investment made by famous billionaire investors, large institutions, and retail investors alike. Why are these investors so bullish on Bitcoin even after it has surpassed all-time highs?

 

[Hasan Raza]

As we all know about the volatility in Cryptocurrency. So it's not easy to elaborate exactly about its situation after the penedamic because Bitcoin now has become very famous and it's credibility is also good. I hope after penedamic it will remain in the same position.

 

[Abibatabosede]

It is not possible to predict what is actually going to happen to the coin in the future but I believe if the pandemic do not affect the investors from investing despite the economy crisis in the year 2020,I think it will rate higher as the economy becomes better.

 

[Rimsha kanwal]

It is hard to tell, but it will still grow even after the pandemic. No body can tell how the crypto currency would turn out, but it will surely change positively.

The quicksilver nature of cryptocurrency markets makes it difficult to answer that question with clarity. Bitcoin's 2017 rally transmuted into a prolonged slump less than a year later. While analysts and commentators have stepped up with optimistic predictions, it is far from certain whether Bitcoin price will continue to increase.

 

[Taimoor Jutt]

It's uncertain to say about rate of Bitcoin increase with which ratio. It will surely grow but at which rate it is not sure. But now it increases dramatically so as a observer its stunning. But hope in future after pandemic it will increase.

 

[Tiwa]

Im not too sure its an 100% yes or no.However, I can see how the bitcoin might contribute to the increase in Bitcoin in recent times as many had to sit at home due to the covid pandemic. It created more awareness to individuals who never had the full information about what bitcoin is all about and hence entry into the crypto market increased with new investors.