Yeah sounds like a stablecoin if it doesn't move up and down 

I cannot predict the future but I guess bitcoin is fine and not doomed, this current downtrend is caused by the combination of all the current bad news and fuds happening to our community right now. For me, bitcoin is supposed to be uptrend, cashless payments are a much better option in our situation now to avoid contact with other people concerning covid19 but anything can happen on crypto and I hope it will recover soon.