BitcoinShort
Bitcoin price is going south so fast
With only factor fear driving the market in these days we cannot expect things to get any better.
WHO's reports (World Health Organization) show more new cases each day and as another report shows no vaccine is going to be available soon.
As the most developed vaccines are in phase 1 and it's not guaranteed to pass the other phases and even if they do, it takes months to mass produce and ship it to everyone.
As long as fear being strong factor, markets will go down and crypto market will act the same as other markets.
I personally expect the price to hit 4300$ to 4000$ first and then 3300$ to 3000$.
WHO's reports (World Health Organization) show more new cases each day and as another report shows no vaccine is going to be available soon.
As the most developed vaccines are in phase 1 and it's not guaranteed to pass the other phases and even if they do, it takes months to mass produce and ship it to everyone.
As long as fear being strong factor, markets will go down and crypto market will act the same as other markets.
I personally expect the price to hit 4300$ to 4000$ first and then 3300$ to 3000$.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.