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.
Bitcoin was on the path to becoming a household name, with or without the pandemic.
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.
In the U.S., once the pandemic is over, and the economy opens up, there will be INFLATION after the trillions in money printing for stimulus packages, which a large part of that was sent directly to people’s bank accounts. Bitcoin will benefit from this, and it’s possible that it might break the cycle, and enter an extended bull market for the first time.