actually, US monetary policy can help increase bitcoin price. stimulus package allocated by the government to deal with the coronavirus pandemic leads to a depreciation of the dollar. This will push society to transfer savings to crypto.
Due to the coronavirus pandemic, demand for bitcoin from investors will increase because its unlikely that the stock market will recover to its previous values.
most investors believe that V-shaped stock price recovery will be problematic. Investors need to look for other options for investing in return for stocks; they cannot stay too long in cash.