Bitcoin price to soar above 8k by the end of the year?

[Mr. Cid]

Most of the trading currencies aren't stable. Some say that the crypto market might collapse due to the Covid-19 disease. Most countries are exhausting their health care system to support the needs of their citizens. The unemployment rate is increasing. These concerns could affect the crypto market.

Some countries have been taking unprecedented step since the outbreak to contain the spread of the virus. This step could directly hit the trading currencies. Financial institutions have taken precautionary measures by closing their establishments. The crypto market has been bouncing since the Covid-19 infiltrate the 1st world countries. So, it is nearly impossible for the Bitcoin to reach that price.