At least one part of Bitcoin is going up...

The price of bitcoin isn't going up, but the lightning network capacity sure is...

Check this out:

(Source: https://twitter.com/rovercrc/status/1523281813501726720/photo/1)

The direction of the price isn't likely to turn around any time soon, but the usage of the lightning network indicates adoption of the payment network.

If that continues bitcoin will be just fine once we get past the monetary policy change adjustments for financial participants.