I have a feeling the financial system might collapse. This can cause severe fiat inflation. So I decided to go Bitcoin only for my finances. I keep some fiat in the bank for paying bills. I'm a small business owner and I accept bitcoin as a payment method. It frustrates me that very few use it. But it makes sense people want to spend their devaluating fiat instead of promising bitcoin.
Haven't we all learned that bitcoin can't thrive as a stand alone currency? The various downtrends and fluctuating nature of bitcoin shows the entire world how it can't survive if global economy isn't flourishing. Every Cryptocurrency out there started dropping the moment the world started experiencing a global crisis and it's still in that state till hopefully the coronavirus pandemic got cured. When there is crisis, people will always choose FIAT over any cryptocurrency because of the various vulnerabilities associated with the use of cryptocurrency.
Now is the least time anyone should expect an increase or a bull movement in the price of cryptocurrency as everyone is trying hard to survive with no means of making new money as the entire world is getting shut down with each passing day. Hopefully, when the corona is over we might see a more stable market