Crypto Market Once Again Feel the Downfall

[Hamzaal24]

In the short term, all asset classes seem to converge.

[masterrex]

Yes, It is because even the decentralized cryptocurrency market is not exempted for the recent negative happenings on a global scale like the covid-19 epidemic I'm sure its the main reason why the global market is on the brink of collapsing I hope that it will be normalized soon.

[DogeTalk]

Oh no I lost my money since I bought bitcoin. Is the crypto market going to have a bad time since the corona virus is endemic? It is very difficult to analyze now because the market is not stable

[Muneeb22]

BTC already touch the ground again and i hope that this time it will go up and it will make the great bull this time soon.

[Istiak]

That coronavirus is shaking world economy. I hope they found medicine for that epidemic very quickly or don't know this economic crisis will be solved very soon or not. But at least it's not as much worse as other assets like gold, crude oil. Not sure why it strict this decentralized economy but I though digital assets were build to face this kind of situation.

[trauchot]

The whole world is now suffering from the corona virus and the cryptocurrency market is falling very fast and will fall again, so get ready to see more falls and only then the cryptocurrency market will begin to recover, and when it will recover of course nobody don't know.

[Nestle]

What do you think right now? Will market conditions continue to experience a downtrend? I'm hesitant to start buying crypto now. Is the market able to recover soon?

[Master107]

Oh no I lost my money since I bought bitcoin. Is the crypto market going to have a bad time since the corona virus is endemic? It is very difficult to analyze now because the market is not stable

Do not lose your hope.
Bitcoin will not end.
We all know that it is normal to decline due to present virus effect all over the world.

[Zied Dh]

it's a general prblm every market in the world is falling ,, everyone is panicing due COVID , until they find solution it's better to stay away

[Jaguar]

Actual and cryptocurrency market is struggling now due to worldwide panic. Groceries went to out of stocks. Banks consistently serving the people in order to get money and buy foods good for weeks or month. Until this is not resolve crypto will probably struggling.

[AloboRealer]

It is very obvious CORVID19 Epidemic has mad many changes to human habiton; very Negatively. It pleases no sector of life, not even Cryptocurrency Market is left out. But then Cryptocurrency already is rooted into the world, it can only collapse if the world stop to exist. BTC will rise again and again after a fall. It is certain the Crypto market will come back to life again when this epidemic is conquered.

[AloboRealer]

CORVID19 really has paused almost everyone and everything, Crypto market is not left out. But because BTC is rooted into the world, the market of Cryptocurrency will survive afterwards and stand out to go even more Viral. Remember the Market is for the Patient ones.

[tonymillions84]

The forex and crypto market is dependent on economy and financial market. since the virus pandemic, all trading commodities has fallen. everything, including oil prices. currently, the market is undeceive and currently not balanced. trade at your own risk. i can only advise on short term trade. 

[Bram Manis]

There are a lot of people who lose money with Bitcoin price drop. The cause of decline is a situation for Covid-19 deployments. In some countries there is panic and they are many crypto investors that monetize funds in crypto. If you see some people selling Bitcoin in large quantities, it can be monitored in some crypto markets.

However, you and I don't need to panic because if the spread of this covid-19 box ends, slowly the crypto market will go up. We also see from experience that the crypto market has often decreased. However, many crypto-currencies will persist and back up again.

[Muneeb22]

Oh no I lost my money since I bought bitcoin. Is the crypto market going to have a bad time since the corona virus is endemic? It is very difficult to analyze now because the market is not stable

Wait for the market becasue at this time market analysing is so much difficult and no one can analyse the market correctly at this time so wait and when every thing is normal than you make to buy more coins in the market.