It is also good news for crypto currency investors, as there is covid 19 pandemic every where.
Why I say this is good news is that. Most people that are new to crypto currency, having seeing the price of bitcoin to have gone that low, they will be afraid that is the end of crypto world.
But not knowing it will eventually rise soon. So they will want to empty there crypto currency and investors like me and you knowing the future of the currency, will buy it from them.
Then after they have sold all they have and investors not ready to sell the ones they have.
Because of this, there will be scarcity of crypto currency, forcing the price to jump up.
By the end of May the price might jump to $10,000