The recent price surge of BTC was caused by the capital flight from China and other entities out there because of the Novel Corona virus I do think that it is and it will affect the financial world simply because the ports in China are in a lockdown mode. It just means that other big manufacturing companies like car makers and such cannot do business and thus affecting the world economy. It is simply a case of disturbed supply chain where the world unfortunately is linked to China.
About the Corona virus spreading, the fact that the cases are popping-up as days go by which means that we are not in the peak yet. The peak of the cases would mean that the numbers of getting affected will be going down, the bad news is that it is getting higher and higher. In these cases people are getting scared and would try to park their money into BTC.
The #halving of Bitcoin is also the major factor in its #mooning and that has been seen from its past history so I will not be surprised if #bitcoin would reach the $14,000 dollar per bitcoin.
