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.
I hope you know that the last time we experienced a big bull run like this that there was nothing like pandemic right? So Bitcoin doesn’t need pandemic to grow, the price will always grow whether there is pandemic or no pandemic, as long as the time is right for that to happen , it’s definitely going to happen.
One thing I knew for sure was that the price was going to increase this year and I had that belief because of the halving that was going to take place, so I believed when it happens the next thing will be the price going up anytime soon, and that’s before the pandemic came. Although people started it’s saying because of the pandemic that the price of Bitcoin increases, well I don’t know about that.