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

[Kasabus]

Why would these businesses decrease prices, if they have a legitimate excuse to inflate it? The consumer is the real victim of this whole Covid epidemic, because they are the ones that are absorbing the price increases. The merchants and middlemen are still making their profits and they are just pushing the cost onto the consumers.

I can take a bet now that even if this pandemic is done ....prices will not be adjusted to a economy that e recovered. (They will keep the prices inflated to make up for their so-called losses during the lockdowns)

Exactly. Since this covid 19 has made most of the companies experience losses so there is no way that prices will tend to decrease even if covid 19 will be gone and people will recover from it. Price inflation will continue to happen so they can recover from all their losses.

I am a consumer and definitely the most affected about this pandemic but i never see any signs from big companies that they are adjusting their prices and i respect it. I know everyone of us especially for those who run businesses are greatly affected by this pandemic.

[AndySt]

Why would these businesses decrease prices, if they have a legitimate excuse to inflate it? The consumer is the real victim of this whole Covid epidemic, because they are the ones that are absorbing the price increases. The merchants and middlemen are still making their profits and they are just pushing the cost onto the consumers.
I can take a bet now that even if this pandemic is done ....prices will not be adjusted to a economy that e recovered. (They will keep the prices inflated to make up for their so-called losses during the lockdowns)

Exactly. Since this covid 19 has made most of the companies experience losses so there is no way that prices will tend to decrease even if covid 19 will be gone and people will recover from it. Price inflation will continue to happen so they can recover from all their losses.
I am a consumer and definitely the most affected about this pandemic but i never see any signs from big companies that they are adjusting their prices and i respect it. I know everyone of us especially for those who run businesses are greatly affected by this pandemic.

In general, I agree, but still, we should not confuse a sharp short-term rise in prices due to a shortage of the product itself, components for its production or disruption of supply chains, and an increase in prices due to inflation, when manufacturers are forced to do this or saw an excuse to increase their profits. In the first case, there is some hope for the restoration of the previous price increase, and in the second case, we may not see a price decrease, because it often happens that manufacturers and sellers try to keep the price of goods at the same level, even by reducing their profits, but after a certain threshold they still raise their price. But all this is applicable under conditions of normal market competition, with monopolism and collusion, slightly different mechanisms operate.

[verita1]

I do not know how true it is that Covid19 enriched the majority. In relation to the prices of basic products downward as an example in my country I do not think it is possible because they have never downward, the opposite they always rise. With regard to Covid19, experts advise that the world population needs to be vaccinated to gain immunity to face the virus now that a new variant is more contagious.
In summary I can think that the prices of goods and services will continue to upward.

[7788bitcoin]

In relation to the prices of basic products downward as an example in my country I do not think it is possible because they have never downward, the opposite they always rise. With regard to Covid19, experts advise that the world population needs to be vaccinated to gain immunity to face the virus now that a new variant is more contagious.
In summary I can think that the prices of goods and services will continue to upward.

The government will try to squeeze and try to earn tax everywhere possible because of the financial situation everyone is facing due to the pandemic. It is hard to overcome these tough situations and it will take years for the economy to recover and the burden will be upon the citizen and there are governments who understand these issues and ease the burden while there are government who does not bother what their people go through.

[Tahsin Kabir Kollol]

I think that in the current market situation the market trend can be driven in any direction. The current market situation is much less volatile and fluctuating within a certain position. Notably, the market is fluctuating between the two main support resistance and both are coming back from the barrier repeatedly. In this scenario, the market trend could be heading in any direction and it is expected to be in a big upward or downward trend. However, other cryptocurrency prices, including Bitcoin, are more stable now and are more likely to rise on any positive sign.

[Silberman]

Why would these businesses decrease prices, if they have a legitimate excuse to inflate it? The consumer is the real victim of this whole Covid epidemic, because they are the ones that are absorbing the price increases. The merchants and middlemen are still making their profits and they are just pushing the cost onto the consumers.

I can take a bet now that even if this pandemic is done ....prices will not be adjusted to a economy that recovered. (They will keep the prices inflated to make up for their so-called losses during the lockdowns)

Exactly, businesses raise prices even when they do not have a reason to do so and do we really expect that this is not going to happen when inflation has grown so much and they need to recover that money due to the lost year caused by the pandemic? If anything we should expect even more raises in the price of everything as it is doubtful the inflation has actually kick in in full force, which means that things are going to get even harder for all of those people that lost their jobs or that now are receiving even less money as a result of the economic crisis that came with the pandemic.

[Ararbermas]

The fact that the crypto prices boomed during the pandemic is one of the responses to the crisis.
But Pump and dump schemes are present due to the high demand, so I think the market decline is only short-term.

  actually no need to worry on this situation because market already shown a sign that it will never decrease more,  did you remember that bitcoin suddenly bounce back around 36k after the consecutive declined? And now it keeps holding the support and fyi it's been how many attempts decrease but failed . So i'm pretty sure this is will not go further and anytime soon it will increase again.

[Shasha80]

The fact that the crypto prices boomed during the pandemic is one of the responses to the crisis.
But Pump and dump schemes are present due to the high demand, so I think the market decline is only short-term.

  actually no need to worry on this situation because market already shown a sign that it will never decrease more,  did you remember that bitcoin suddenly bounce back around 36k after the consecutive declined? And now it keeps holding the support and fyi it's been how many attempts decrease but failed . So i'm pretty sure this is will not go further and anytime soon it will increase again.

I also have faith in Bitcoin like you, I also believe Bitcoin will rise soon. Because since the beginning of this year Bitcoin has never fallen below
the $20k price, even several times it has fallen below the $30k price, but soon it went up. This proves the price of Bitcoin support is very strong,
so it is very unlikely that Bitcoin will fall in the near future. So I'm still quietly waiting for Bitcoin to come back above the $40k price tag.

[BITCOIN4X]

Regarding the price, there is always hope to see it going up and down all the time. Right now you are still in an uptrend if you enter in early January, but if you enter in mid-April or when the bitcoin price is trading at $64K then you are in a downtrend. I think it's natural to worry about price if you're a trader. But if you are an investor looking for long term profit then ignore FUD and anything else that worries you. The price of bitcoin can down by more than 50%, while the price can also go up by more than 100%. Strengthen your hands.

OP, there are many other thing beside Covid 19 that affect the increase in commodity price in the market and that is the government's desire to improve state finance. One of the government's efforts that I feel very clearly now is an increase in the cost of electricity and an increase in the number of sectors that are taxed. As citizen, we must comply with our tax obligation even though at the same time the amount make the people suffer. What's the use of aid if the government just wants to charge its citizen more?

[Maslate]

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.

Governments are doing everything in their power to stabilise the economy and revive and hurting business. Basically all major countries have huge corona relief programs, they are issuing a lot of new debt and insert it into the economy. The money is either given directly to the consumer or the companies in form of tax reliefs. That is why we are not seeing any falling prices.

But supposedly the government will find a way to regulate all prices in the market, supermarts, even only for the basic needs. However, they just allow the merchant to increase prices despite the crisis we face. I know it was not the government being a direct receiver of our complaint but at least, they show their constant support and monitor the market prices as some merchants taking advantage of the situation while the designated authorities are busy helping with the other stuff. In this way, it is possible there is no huge increase in all common commodities in the market.

[perryxi2]

i was waiting to drop to less than 25k $ to buy in and make a profit but so far it is still very strong resistance around 30k $ and can't really buy I am impatient and want to buy because are panicking the price will go up again.

[darewaller]

businesses raise prices even when they do not have a reason to do so and do we really expect that this is not going to happen when inflation has grown so much and they need to recover that money due to the lost year caused by the pandemic? If anything we should expect even more raises in the price of everything as it is doubtful the inflation has actually kick in in full force, which means that things are going to get even harder for all of those people that lost their jobs or that now are receiving even less money as a result of the economic crisis that came with the pandemic.

The problem with inflation is that since one price is already high, then the other price is high as well and nobody talks about how it should recover. The higher ups make a lot more money, instead of 1 billion dollars they make 3 billion dollars, then they do not say "well we are fine with 1 billion dollars, let's fix the prices down so that we would only make 1 billion dollars profit", because let's face it who would say no to extra money (even though it is the same money when inflation is applied) and this trickles down to fact that lower sellers, even the street vendors do have to increase their price because that is how it works.

It is just simple economics and because of this everything's price keeps going higher and higher whereas the worker amount in the world keeps going up as well hence why companies get away with paying very little since there are so many people looking for work.

[SacriFries11]

Yes, because the volatility of the market and many volumes are waiting for below 30,000 price of bitcoin. When there is bad news like, what happened in China, it can cause for the bitcoin to go down. It is also the time for whales to buy at lower price and bigger volume. Downward maybe a sign of bull trap within three to four days, then breakout again for the next day. Perhaps the government is trying its best to recover from this pandemic, and hopefully soon this will end and everything will be back to normal.

[Silberman]

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.

Governments are doing everything in their power to stabilise the economy and revive and hurting business. Basically all major countries have huge corona relief programs, they are issuing a lot of new debt and insert it into the economy. The money is either given directly to the consumer or the companies in form of tax reliefs. That is why we are not seeing any falling prices.

The governments are doing something to try to help the economy recover, the problem is that they always do the same thing, they printed a lot of money to stimulate the economy but this raised the price of everything just at the moment when a lot of people lost their job or saw their income reduced, meaning that they cannot afford a great deal of products they could before, reducing the sales of those businesses which in return means that everyone needs even more help, forcing the government to print more money, so to me while the healthcare crisis could be overcome during this year I do not believe the same will be true for the economic crisis that is coming.

[andriarto]

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.

Governments are doing everything in their power to stabilise the economy and revive and hurting business. Basically all major countries have huge corona relief programs, they are issuing a lot of new debt and insert it into the economy. The money is either given directly to the consumer or the companies in form of tax reliefs. That is why we are not seeing any falling prices.

The governments are doing something to try to help the economy recover, the problem is that they always do the same thing, they printed a lot of money to stimulate the economy but this raised the price of everything just at the moment when a lot of people lost their job or saw their income reduced, meaning that they cannot afford a great deal of products they could before, reducing the sales of those businesses which in return means that everyone needs even more help, forcing the government to print more money, so to me while the healthcare crisis could be overcome during this year I do not believe the same will be true for the economic crisis that is coming.

things like this seem to be a dilemma, where when people lose their jobs and have no income, the government comes and provides assistance, so that it can move the economy back, on the other hand the government prints more money, which I think this will be in the future burden the community because of inflation that continues to occur. Hopefully in the future the government can take wise steps to overcome this

[imstillthebest]

i was waiting to drop to less than 25k $ to buy in and make a profit

Yes, because the volatility of the market and many volumes are waiting for below 30,000 price of bitcoin.

i guess the op isnt talking to btc but what he mean is the price of the goods because if its btc , the price of btc have been greatly reduced  but there is a chance for the price of goods to decrease and back to normal .
for now we only need to learn how to save and control our selves in the expenses and on the food that we eat .

[Coroline]

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.

Governments are doing everything in their power to stabilise the economy and revive and hurting business. Basically all major countries have huge corona relief programs, they are issuing a lot of new debt and insert it into the economy. The money is either given directly to the consumer or the companies in form of tax reliefs. That is why we are not seeing any falling prices.

The governments are doing something to try to help the economy recover, the problem is that they always do the same thing, they printed a lot of money to stimulate the economy but this raised the price of everything just at the moment when a lot of people lost their job or saw their income reduced, meaning that they cannot afford a great deal of products they could before, reducing the sales of those businesses which in return means that everyone needs even more help, forcing the government to print more money, so to me while the healthcare crisis could be overcome during this year I do not believe the same will be true for the economic crisis that is coming.

things like this seem to be a dilemma, where when people lose their jobs and have no income, the government comes and provides assistance, so that it can move the economy back, on the other hand the government prints more money, which I think this will be in the future burden the community because of inflation that continues to occur. Hopefully in the future the government can take wise steps to overcome this

In order to avoid inflation due to the large amount of money printed by the government, it is better to return to Keynes' theory. In Keynes's theory, consumption made by one person in the economy will become income for others in the same economy. So when a person spends his money, he helps increase the income of others. This cycle continues and allows the economy to run normally. When the Great Depression hit, people naturally reacted by holding back on spending and tending to hoard their money.

According to Keyness, the transaction needs are the same as the classical opinion which depends on the volume of goods, prices and constants. But for two more factors, namely the need for precaution and speculation, Keyness argues that the demand for money is also determined by precautionary and speculative factors.

[Lorence.xD]

No I don't think that a downward in price commodities is going to happen anytime soon, remember that there's inflation and you have to understand that when there's inflation, the price of commodities are going to increase in parallel to it. And with the pandemic, this gets worse because most of the population doesn't have a job that can help in making the money circulate in the economy.

[Karartma1]

The money inflow into the financial economy (not the real one) has been to hhuge to be absorbed without consequences. Prices won't go down, they can only go up. Expect some huge rises on old good assets like land, gold, real estate (I mean good properties). These trillions of fake paper money will have to be paid at some point but my question is who's gonna really pay for it?

[Silberman]

The governments are doing something to try to help the economy recover, the problem is that they always do the same thing, they printed a lot of money to stimulate the economy but this raised the price of everything just at the moment when a lot of people lost their job or saw their income reduced, meaning that they cannot afford a great deal of products they could before, reducing the sales of those businesses which in return means that everyone needs even more help, forcing the government to print more money, so to me while the healthcare crisis could be overcome during this year I do not believe the same will be true for the economic crisis that is coming.

things like this seem to be a dilemma, where when people lose their jobs and have no income, the government comes and provides assistance, so that it can move the economy back, on the other hand the government prints more money, which I think this will be in the future burden the community because of inflation that continues to occur. Hopefully in the future the government can take wise steps to overcome this

That would be the best case scenario but it is really doubtful that it is going to happen, politicians more than anything are there because they want to get and keep the power they have, this means that when a part of the population is suffering they are going to take measures that will help them on the short term so they seem to be doing their job, but they are sacrificing the long term well being of their population, as eventually they lose control of the inflation and they need to keep printing money to keep things going and the economic activity goes down as no one wants to open a business under those economic conditions.