The pandemic opened many individuals eyes, they began to realize all the do called safe heaven they thought they had like Gold, OIl etc couldn't secured their funds and prevent losses instead they were the asset with one of the worst hits (most especially oil).
Gold has been doing fine though? I mean I guess supply lines were hit, but that shouldn't have too much effect on retail investors. Bitcoin has definitely done better YTD, but it's looking to me like the pandemic hasn't really given people much reason to sour on it.
the investor interest remained strong even as prices fell back sharply to $6,000 in February 2018.
theres no way to tell if those investors are still the same except if they will do a survey and check all those that do a kyc but i feel that most of the users are quitting after the bull run .
Well not
individually, but this is Chainanalysis, which is generally believed to know their stuff; I'm sure there are trends which led them to this conclusion. It's not hard to believe that the general market sentiment has improved this year either, after the shitstorm the global economy has gone through.