The trend of prices is still upward, any hope for downward?

[paxmao]

Short answer... if US inflation is at 4% and a large part of it is due to commodities and construction goods, prices are likely to grow even more. COVID disrupted production strongly and until things go back to normal there is no way global commodity prices are lowering. This is despite China mobilising their strategic commodities reserves. The fact is that not everything in the economy can be solved by printing massive amounts of monopoly money.

This is not about the governments doing something, it is about the market rebuilding the offer side and that takes years.

[AicecreaME]

COVID 19 enriched majorities while the minorities suffer.
The current increament in the cost of commodities in the market is alarming bad yet the majorities who are representative of the minorities (politicians) seem to pay less concerned.
This increament before now was tag to be as a result of Covid 19 which interrupted importation and exportation of good and services.
It is expected that with the decrease in the Covid 19 spread I thought their will be a corresponding decrease in prices of price the reverse is the case.
My question remains is their any hope for price decrement.

Bitcoin is volatile so expect sudden movement of its price at any time of the day. Although, the price change whether increase or decrease wouldn't be big as much as you want it to be. Its price will just play from additional or less than small value from its original position. I think we're still in bullish market hence, it's not yet the very ideal season to buy additional coins. We must wait for bearish market and really hope for the best. But I suppose, it's still far ahead unless a reason for sudden market disruption will occur such as banning of bitcoin in super nation countries or closure of mining sites that could trigger the value of bitcoin to go up or down.

[EvieLannister]

COVID-19 has an impact on the world, and many companies and companies have closed down as a result. The economy fell for a while. Fortunately, it is okay to control it now. It is also because of COVID-19 that many people have learned about cryptocurrency and entered the cryptocurrency market to make money, and the demand has gradually increased.
Now that the price of cryptocurrency has risen, many companies and factories are slowly recovering. The economy is also slowly developing, it is only a matter of time.