Airline status is a luxury. However we are on FT to discuss exactly that.
Is airline status worth it now? No. Is it worth it when we can travel?... possibly but possibly not due to a lack of travel between membership years.
But I think this doubt and lack of confidence (not you personally, I’m sure this is a question lots are asking) could easily be helped by the chosen airline, in this case BA, should they extend status or provide good will gestures to lure you back then I think this question would be less important for when we can travel.