Recently, I was thinking if the BTC ATH would have been higher without the COVID ?

I don't think I saw this argument on the WO discussion.

We can probably (easily) admit that we wouldn't have seen this crash below 4K$ in march 2020. But at the same time, we would have seen more than 69K$ at the top ?

FED, all central banks all around the world just printed printed brrrrrrrr without any limit or any plan and gave lot a fresh money for Wall Street and all investors to (over) speculate. This situation (at this level) didn't happen since decades.

I know some members here are not agree on it, but the fact is that BTC (or the crypto industry in general) is currently still fucking linked with the tech (nasdaq) movements (except for some specific issues and mess like with LUNA, Celsius, or FTX).

Without this free no limit money, probably the stocks and Nasdaq especially wouldn't go this high till end 2021 / before the war. And probably the same for BTC.

It's hard to say, but maybe this allows us to relativize a little bit.  Although most of us (myself included) thought that we would go higher than "only" x3.5 from 2017 ATH.