BTC and the cryptocurrency market has always been volatile ever since. There are a lot of factors that affects the supply and demand of these and for now, it was greatly affected by the statement of one of the most influential person we all know who he is. In my perspective, this may also lead for other great personalities and businessman or even politicians to try out the crypto market and so increase it's demand again. So I would say this may be a long term rise and we can expect it to go even higher after pandemic.