The epidemic has a relatively large impact on Bitcoin. At least, that's what I think. During the epidemic, many people lost their jobs. Because they couldn't make ends meet, they sold the bitcoin they had bought for a long time to make ends meet. Some people bought bitcoin and when bitcoin fell, they did not have enough funds to continue to cover their positions and sell bitcoin.
It is a pandemic because it has affected the world and spread worldwide. Many laid off their jobs and we thought that it will have a significant negative effect on bitcoin.
But it's the other way that surprised us that bitcoin reached its newest ATH during this pandemic.
May look great, but economy-wise, it really isn't, I don't think it actually advanced, I honestly think that Bitcoin could hit its ATH anytime this year, pandemic or not, people will stoon start investing and even companies would start to embrace Bitcoin, it is what it is and it is bound to happen in the future, we just really peaked because of the amount of people who actually lost their jobs because of the pandemic, can't say I'm entirely happy because it did ruin a lot of lives, happy for BTC to reach its ATH but never happy on what's happening with the world today.