Think this for a second "A rally in the price of Bitcoin could be expected if a second wave of Coronavirus breaks out"

[Juancoliman55 7]

The COVID-19 has become a watershed moment in the course of our society, but the impact of the pandemic can be seen through its effects on the economy and society in general. From the perspective of a Bitcoin (BTC) investor, there are many things to consider. The patterns of emergence of the coronavirus determine how the infection spreads and sets society on a particular course towards the future. The impact of the new coronavirus on consumer society has been tremendous. The effect has been seen primarily as the closure of workplaces, which has resulted in people working from home, being laid off or, in some cases, being laid off.

Unemployment figures have set records in Western countries, especially the United States. The path to economic recovery is still unknown. The current situation seems to indicate that companies need new types of fundraising to fully recover or to restructure.

The lag between cases of infection and deaths is about two or three weeks: This means that when the epidemic reappears, according to the data obtained from the first wave, this happens in a predictable way, in risk groups and at the regional level.

Exposure to Blockchain-based assets is concentrated in young male professionals in their 30s. If we look at the new entrants in the Blockchain asset classes among consumer segments, we can see that the largest number of new users has come geographically from countries where the local currency is experiencing high inflation, concentrating roughly in Africa and Latin America. Bitcoin is considered a safe haven asset, in particular because it is easier for consumers to access than traditional financial instruments. There are no minimum investment amounts, there are no rules on accredited investors, and the increased availability of exchange services makes the asset class attractive to the average consumer.