The pandemic surely helped Bitcoin and other cryptocurrencies be more widespread and I like seeing that there are many people that have understood the main benefits of it and they're keeping it as a store of value. Last year, 22% of the circulating USD was printed which was around $9 trillion. This clearly shows that the economy was f*cked up last year. The debts are now even bigger.
This is when Bitcoin was seen as a solution. Its deflationary and safe-heaven characteristics were recognized and everyone became abruptly bullish. Now I wonder, what will happen to Bitcoin once the pandemic is over? Once we'll live just like we did in 2019? It will surely have a big impact on the market, but I don't know if it'll be a negative or a positive for Bitcoin.
The coronavirus pandemic had only a negative attitude towards bitcoin and other cryptocurrencies in the initial period of its occurrence. We remember that in March last year, then the price of bitcoin dropped sharply to four thousand dollars. Of course, at the same time it was a good opportunity to buy it. However, since then, I believe that the coronavirus has a generally positive effect on cryptocurrency, since the general isolation of the population has aroused people's interest in cryptocurrency and increased demand for it, including due to fears of a high level of inflation.
After the victory over the coronavirus, these positive trends will continue.