Skip to content
Herald Sheets

Herald Sheets

Live Cryptocurrency News

Follow Herald Sheets on Twitter, Facebook, Telegram, Please Read Our Disclaimer

  • Homepage
  • Start Trading
  • Guide
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Dogecoin (DOGE)
    • Cardano (ADA)
    • Litecoin (LTC)
  • Analysis
  • Blockchain
  • Mining
  • Reviews
    • Brokers
    • Exchanges
  • Regulation
  • Press Release
  • About Us
    • Contact Us
    • Privacy Policy
    • Submit Press Release
  • Disclaimer
  • Bitcoin (BTC)
  • Cryptocurrency
  • News

Analyst Says WHO’s Declaration Could Drop Bitcoin to $6,400; CZ Binance Says It’s No More a Hoax

Solomon Odunayo March 12, 2020 3 min read

A cryptocurrency analyst, Charles Edwards, has recently averred that $6,400 price region should be expected for Bitcoin (BTC) as the World Health Organization (WHO) declared the ranging coronavirus a pandemic.


trade now

Also, the CEO of Binance CZ (Changpeng Zhao), while reacting to Anthony Pompliano’s announcement regarding the trending declaration of WHO, said it’s no more a hoax like it was initially difficult to accept the danger in the widespread of COVID19.

Initially, COVID19 had been downplayed by some governments, especially the government of the United States. They tried to avoid the fact that it’s a pandemic. This was a measure taken to save the already affected global economy.

The stock market and cryptocurrency market are faltering, and there could be more downtrends as the World Health Organization finally bowed to the negative effect of coronavirus and declared it a pandemic a couple of hours ago.

Reaction of Bitcoin (BTC) and Other Cryptocurrencies to WHO’s Recent Declaration

Before now, news outlets that tagged the outbreak as pandemic had been rebuked, terming their assertions fake news.

Bitcoin (BTC) and other cryptocurrencies in the market have been reacting negatively to WHO’s pandemic declaration.

Other top 20 digital currencies, except the stablecoins, have been down by at least 7%. Only the Bitcoin price is still down by 4% over the past 24 hours. At the time of filing this report, BTC is trading $7,496.75, with a 4.68% price plummet based on 24 hours estimation.

Charles Edward Says Bitcoin (BTC) Price Could Dip to $6,400 Region

A cryptocurrency analyst, Charles Edwards has quantified the effect of the recent declaration of the World Health Organization (WHO) on the price of Bitcoin (BTC) and other cryptocurrencies in the market.

As soon as WHO declared the outbreak of coronavirus a pandemic, BTC started losing its important support levels. It’s now trading below $7,500 price level.

According to the analyst, there is a possibility to see Bitcoin at a $6,400 price region once again, especially if this ugly moment holds until the upcoming halving.

Charles Edward shared this, “If this recession scenario plays out into the Halving, the December low of $6400 may be revisited soon.”

If this recession scenario plays out into the Halving, the December low of $6400 may be revisted soon.#Bitcoin

— Charles Edwards (@caprioleio) March 11, 2020

CZ Binance says Coronavirus No More Just a Hoax to the Mass Population

The CEO of Binance, CZ (Changpeng Zhao) has taunted governments and WHO that once tagged the widespread of coronavirus as just a hoax and fake.

He made this statement while reacting to Anthony Pompliano’s announcement on Twitter, regarding the declaration of WHO.

He said what was so difficult for the mass population to accept as real news has finally been taken seriously. He, however, implored people not to panic, but rather stay safe.

“No more “it’s just a hoax”. It’s super hard for a mass population to accept real news, like a deadly virus will spread. People stay in denial. Many of them accept fake news much easier for some reason. No need to panic, but be prepared, and stay SAFU,” CZ reacted.

https://twitter.com/cz_binance/status/1237892304456658944

Trade Now

HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us easily with Herald Sheets Facebook Messenger App. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Continue Reading

Previous: Tron (TRX) against Binance Coin (BNB) Trading Pair Goes Live On Binance DEX
Next: Analyst: Expect XRP at Sub 10 Cents

Related Stories

Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo
3 min read
  • Crypocurrency Exchanges News and Reviews
  • Cryptocurrency
  • News

Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo

August 6, 2022
Australian Victorian Police To Get New Powers To Freeze Crypto From Criminals
3 min read
  • Cryptocurrency
  • News
  • Regulation

Australian Victorian Police To Get New Powers To Freeze Crypto From Criminals

August 6, 2022
Shiba Inu: SHIB’s Burn Rate and Binance Factor to Zero in On
2 min read
  • Binance
  • Cryptocurrency
  • News
  • Price Analysis
  • Shiba Inu (SHIB)

Shiba Inu: SHIB’s Burn Rate and Binance Factor to Zero in On

August 6, 2022

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$23,243.00
0.97%
ethereum
Ethereum (ETH)
$1,707.22
0.74%
tether
Tether (USDT)
$1.00
0.14%
usd-coin
USD Coin (USDC)
$1.00
0.00%
binancecoin
BNB (BNB)
$323.77
2.64%
ripple
XRP (XRP)
$0.373778
0.29%
Binance USD
Binance USD (BUSD)
$1.00
-0.05%
cardano
Cardano (ADA)
$0.53
2.96%
polkadot
Polkadot (DOT)
$8.76
2.47%
dogecoin
Dogecoin (DOGE)
$0.069382
0.52%

Recent Posts

  • Zero-Knowledge Proofs – All You Need To Know
  • How to Earn Passive Income via DeFi
  • Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo
  • Australian Victorian Police To Get New Powers To Freeze Crypto From Criminals
  • FXCC Review – Is FXCC Scam or Satisfactory as a Broker?
  • Shiba Inu: SHIB’s Burn Rate and Binance Factor to Zero in On
  • GMPortal Review – Is GMPortal Scam or a Proper Broker?
  • Bitech Max Review – Is Bitech Max Scam or a Proper Broker?
  • Ellis and Burlington Review 2022 (ellisandburlington.com) – Should You Consider This Recovery Company?
  • Everything You Need To Know About Ethereum Classic (ETC)
  • TRON’S July Performance: Was It Impressive?
  • What is Metaverse Index (MVI)? A Beginner’s Guide
  • Ledger Seeks Additional $100M In Funding
  • Binance Account Bound Token Aims At KYC User Credentials
  • Bitcoin Improvement Proposal (BIP) Complete Guide – What Are BIPs?

Categories

You may have missed

Zero-Knowledge Proofs – All You Need To Know
11 min read
  • Blockchain
  • Guide

Zero-Knowledge Proofs – All You Need To Know

August 8, 2022
How to Earn Passive Income via DeFi
11 min read
  • DeFi (Decentralized Finance)
  • Guide

How to Earn Passive Income via DeFi

August 7, 2022
Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo
3 min read
  • Crypocurrency Exchanges News and Reviews
  • Cryptocurrency
  • News

Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo

August 6, 2022
Australian Victorian Police To Get New Powers To Freeze Crypto From Criminals
3 min read
  • Cryptocurrency
  • News
  • Regulation

Australian Victorian Police To Get New Powers To Freeze Crypto From Criminals

August 6, 2022
Copyright © All rights reserved. | DarkNews by AF themes.
  • RelevantRelevant(REL)$0.825.35%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%