There were many assumptions regarding the continuation of the iPhone 6 and whether it will be supported by iOS 14 or not but with the release of the iPhone 12 they cleared all doubts of every user. It seems that Apple is going to support this model even for further updates.
All in all, it made millions of users happy by providing them with the latest updates also with this updated iPhone 5 can also upgrade some security patches making them almost compatible with the latest iOS.