The kiss of death is a downward trend in price with no upswing for many months
--- This question was created on [reverio.io](https://reverio.io), Reverio is a question and answer platform built exclusively for Hive. Answer this question on Reverio by clicking [here](https://Reverio.io/question/mchero/has-bitcoin-been-kissed-by-death-).
)
Hi @mchero!
Congrats on your first question on Reverio.
Your question has received a small upvote from https://reverio.io.
We'd love to hear your feedback or any suggestions you have surrounding Reverio. You can get in touch by replying to this comment. Please consider following us on Hive to keep up to date with our latest announcements.
Prices for crypto are always hard to predict, and the more prominent ones like BTC are subject to a certain amount of manipulation by big players. Markets of all kinds have been reeling under an onslaught of bad news (economic and general) for the last two or three years, which has had a distorting effect. Commodities (particularly gold, silver, copper etc) are up significantly, which is relatively normal when supply chains are threatened by disruption due to both war and economic factors.
It's only my own personal opinion, but I think BTC is holding up remarkably well under a tide of economic bad news, pressure from other investments for cashflow, and endless attempts to harm it by legacy financial institutions (including regulators).
Behind the scenes, an increasing number countries impacted by unilateral US/NATO/EU sanctions are de-dollarising, using national currencies to trade with allies and BTC to trade with neutrals or friendly entities in hostile countries.
With a fixed supply, BTC is less at risk of inflation than fiat currencies. Central banks can create all the currency it likes, but if it's only chasing a fixed or diminishing pool of goods it devalues rapidly (as planned, to enable the staggering debts accumulated in the last 3 years to be paid off at a lower real cost). As more people realise this fact, I can see wider adoption of BTC, which will push the price up. But the reality is that it isn't all about price, it's just as much about having an asset that can't easily be controlled, confiscated or devalued to worthlessness by central governments.