The short term increases (or decreases) don't matter. The long term is the important one.
For example over the past 2 years from 2020, price has gone up 1400% or
in a longer period over the past 5 years from 2016 price has gone up 11000%
Do you think Bitcoin will continue to see big percent of increase in value in the next 2-5 years or do you expect Bitcoin inflation to reduce quickly now that we have seen huge gains in the last 5 years?