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What will happen to cryptomarkets next months

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Observing the rapidly developing market situation related mainly to the coranovirus pandemic, I have general thoughts about what will happen in the near future.

We are currently facing a major crisis that will not end as soon as in 2008 due to the fact that the situation is much more complicated than the banking crisis in 2008.

I believe that the markets will fall longer than in 2008 and there will be no sharp rebound. I bet that the markets will be looking for the bottom in this unpredictable situation for a long time and the injection of cash into the economy as in 2008 will not solve the situation because we are dealing not only with a financial but also a social crisis.

It is said that bitcoin will be a safe haven because it was created in response to the financial crisis in 2008. However, I believe that this crisis is much more serious than in 2008, so this simple comparison will not take place here, and cash will remain the most valuable thing during the crisis.

Probably, we are facing the most serious crisis, perhaps in line with the crisis of the 1930s.

Good luck and be safe!

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