I never expected to the pandemic to be one of bitcoins biggest allies but that's exactly what it has been.
More and more people are starting to perceive bitcoin as a store of value (an asset that maintains its value without depreciating), and now that it's rising while other currencies and asset forms are falling, perhaps the most important impact this global crisis is bound to make is help strengthen the image of BTC for the long term.
I agree in most part with your assessment here, and think you did a good job laying things out. However it's important to remember that a "store of value" or a "hedge" asset is NOT "an asset that maintains it's value without depreciating". There is no such thing as an asset that can't depreciate. Bitcoin can, has, an will continue to go down at times. Let's hope bitcoins growth continues far after covid-19.