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.
yes, bitcoin created a new ATH during a pandemic. but I firmly believe that this pandemic has nothing to do with bitcoin creating a new ATH a few months ago. it was just a coincidence as they both happened in the same year. even if this pandemic didn't happen this year of course bitcoin would still create new ATH because this is a bitcoin price cycle.