viparmenia

btcusd bitcoin is going to 30k due to omicron lockdowns

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KRAKEN:BTCUSD   Bitcoin
Next two months there will be a lot of lockdowns around the world.

There couldn't be rallies on stock markets and moreover on crypto markets, people are too scary to start investing when it is unknown how dramatic the situation could became if too many will be ill too quickly.

It is dangerous due to infectious propagation of virus making very many in very short time unfit for work.

When to many are ill it could result to collapse of supply and production chains like electricity, water, garbage etc.

Big cities will get natural lockdowns even if goverments will not do it.

Economically it is very dangerous when to many are ill even if not many die.

Moreover the White House believes it only has a “four-week window” to stave off a potential Russian invasion of Ukraine.

Things getting hot.

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