On one hand we have the decreasing oil supply that is shooting the oil price up to the moon, that in turn has been increasing the fuel prices up to record highs, that in turn will increase cost of transport that affects cost of everything else from groceries to rent.
We also have the conflicts in major oil rich regions (Russia and Arab countries) that is threatening to escalate and cut off more oil from global supply increasing it to over $200.

On the other hand we have the inflation thanks to money printing spree that governments had over the past couple of years and don't seem to want to slow down. Which means price of everything is rising while fiat value keeps dumping.

In my experience when fiat is dumping people will look for a way to keep their purchase power or at least part of it. That is achieved by investment. I believe bitcoin has become a viable investment for many because of its deflationary nature and the fact that it has been performing excellently all these years.

How much do you think bitcoin price is going to rise this year because of all this economical drama?