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

[Patrik]

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?

 

[Ralphjoe]

We can't really say if it's the pandemic that is pushing the price of Bitcoin up because at the beginning of the pandemic, the price of Bitcoin was low, it's was not too long ago that Bitcoin price rose like this.

 

[REPLICA]

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's so hard to predict now as it fully depends on investors. Though this pandemic draw attention of many small investors to earn some money by sitting home without any hard work. So I think after pandemic the price may fall by some percentage.

 

[Dubai]

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.

 

[Erik4150]

The pandemic is one of the factors responsible for the rise in bitcoin price. I believe that when the pandemic ends and economic activities return to normal, the price of bitcoin could fall.

 

[Setho]

The pandemic has seen the price of bit coin continue to rise but is it the sole reason for the rise and would it continue to be? I don't think so. Many people are looking for hassle free means of payments and bit coin is doing just that and that is why there is a blistering increase in the amount of adoption. The rate of adoption and the price of bit coin is expected to continue rising.

 

[Peterlight]

Since bitcoin price came up during this pandemic, then it is ban to go down ones the pandemic is gone.

I know it maybe hard to face the fact that cryptocurrency rose because of the pandemic because am sur bitcoin won't go this high without the pandemic.

 

[Goodday]

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?

I think even after the pandemic, bitcoin will still continue to grow even more and more. The pandemic only help more people to come into the crypto community and l beleive as time goes on, most people will still discover the crypto community and come in the more.
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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?

I think even after the pandemic, bitcoin will still continue to grow even more and more. The pandemic only help more people to come into the crypto community and l beleive as time goes on, most people will still discover the crypto community and come in the more.

 

[Donkiz]

There is no guarantee that the price of bitcoin will continue to grow, just as there's also no guarantee that the price will drop. Lots of factors contributed to the growth of bitcoin price and all these factors are still there, unless something drastic happens bitcoin price is expected to keep appreciating.

 

[Nurudeen]

Bitcoin will soon drop value just like what happened in 2018. There is a term called pump and dump in the finanacial market and that's what I'd currently happening to BTC at the moment. Investors are pumping money into the system by the time they start dumping it, the coin will drop massively

 

[Bilal0087]

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?

As i always said that cryptocurrency is always unpredictable There comes a ups and downs in it, so we cannot say something with surety. we can just expect that Bitcoin will keep growing in the coming years

 

[Nimra Saeed]

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 possible for me to predict the future of BTC in the coming year. The world is suffering from pandemic and in such situations what would happen it is a totally unpredictable thing. That's my opinion.

 

[Suba]

After the Covid19 pandemic outbreak is over and the situation returns to normal, the value of Bitcoin will depend heavily on institutional investors and whales, if they sell their investment, of course the value of Bitcoin will decrease, but if they keep holding Bitcoin, the value will likely increase because retail investors are increasingly interested. .

 

[BrolySSJ]

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?

To be honest there are many factors that drive the price of bitcoin and i think that the pandemic was just one of those factors. In my opinion, i feel that the price of bitcoin is likely to stabilize after the pandemic and this may even be at a lower price, however this is just my speculation. I think that when the pandemic is over many may cash out on investments in order to try and start up their businesses again and to regain financial loss and this will be the cause of the price reduction post the pandemic.

 

[Sake]

I think so, since this pandemic is not much of a bigdeal unlike the first few months. Everything looks almost back to normal now and Bitcoin is still going stronger and keeps setting a new all time high every other day.

 

[MastetG]

I think, since the coronavirus outbreak, the correlation between Bitcoin and the equities market has increased. For instance, on the 12th of March, the price of Bitcoin fell below $4,000 after the S&P Index in the USA saw a sharp decrease. The reason for this was because there was a sudden flight to liquidity, and so, a lot of investors had margin calls in Equity that had to be covered by liquidating other assets like Bitcoins into cash - to meet those margin calls elsewhere.

 

[Kennysplash]

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?

I have a funny feeling about crypto currency generally after the pandemic. We all know that the pandemic played a huge role in the rise of major crypto currencies. So once the pandemic is over I'm afraid they may depreciate.

 

[Emma Aneni]

I feel the pandemic outbreak plays a major role on the rise of bitcoin because the price of bitcoin was very low before the pandemic compared to now. And I feel if this corona virus pandemic is over it will go back to its normal price

 

[Kamon c4]

The pandemic triggered the increase and massive boost in bitcoin value, it has created trust and popularity for cryptocurrency. The wrap of the pandemic will have positive effect on cryptocurrency. More big investors have endorsed cryptocurrency.

 

[Aniwhyte]

In. My opinion I don't in anyway think the pandemic is the reason why bitcoin increased so much within the past few weeks, and I believe that it would continue appreciating in value even after the pandemic is fully over.