The last couple of days have rained fire over the financial market, thus inevitably affecting the cryptocurrency industry as well. In less than two weeks, Bitcoin’s price has lost $3,000-worth of value, thus dropping from $8,000 to around $5,100 at press time.

This sudden drop, fuelled by the COVID19 pandemic, has led to intense panic selling. Thus, market analysts are now sharing their predictions over the future of bitcoin, and the digital currency market as a whole.