I cannot say that bitcoin may be a shelter because recently we saw a serious panic where the worth drops such a lot and it's not a characteristics of a secure heaven. the foremost popular shelter is Gold but its value is additionally drop when the pandemic start, the worth of bitcoin is just too volatile and on behalf of me it's not consider as a secure haven investments.
When a crisis like this, all investment products must go down. This is an effort to meet basic needs, so many people sell their investments. That is why there was a fairly extreme decline, including in the crypto market last March. When the situation is under control, the crypto market can recover faster than other markets.
Either because of the scammers moving their scammed BTC or the pandemic, I would go with the scammers.
Bitcoin is volatile, that is the usual answer people tell me why Bitcoin would never be a safe-haven. But the thing is that people are actually getting a profit out of it, despite the fall it will go back to its normal price suddenly. In the long run, it gave a lot of profits from its users and investors and I think that is the reason why we should consider Bitcoin as one.