if the pandemic is not resolved there are 2 things for bitcoin that might happen
1. bitcoin can be destroyed because the global economy is collapsing, and the demand for all crypto sectors decreases so that the price of bitcoin decreases.
2. bitcoin will be easy to pump, because many people are in bitcoin and they transfer assets to bitcoin.
these two points can be an early prediction of how the pandemic will affect bitcoin. but in my opinion the most important thing is how the correct pattern of bitcoin movement in the future is most important.
I don't think it's like that because if we look at the positive side of this pandemic, consciously or not, it will add interest from crypto itself so that crypto, especially bitcoin, actually benefits from this pandemic.
because we are just talking about facts when before the pandemic struck, if I'm not mistaken the price of bitcoin was only at $ 10k and after the pandemic hit the price of bitcoin shot up and not even bitcoin but altcoins also rose.
other than that, from what point of view do you think with this pandemic bitcoin will be very easy to pump?
when talking about bitcoin we certainly look at the decentralization and volatility that exists and to make a bitcoin pump it doesn't necessarily say pump is ready because this is very difficult.
apart from the fud and the negative news what makes you think to say that bitcoin is easy to pump?
Talking about a pattern for Bitcoin isn't making a lot of sense. I know you could show a graph now and tell me that in certain time intervals Bitcoin moves the same way again and again, but applying a pattern or trying to find a pattern for an unregulated area which has enormous potential impact on the global economy is just not reasonable.
Nobody knows what the regulatory environment will look like in 12 months from now, whether the banking lobby can achieve something that is bad for cryptocurrencies overall. We just don't know until our ideas and hopes become fact.