There are no absolutes in dollar terms
All things are relative in finance.
Bitcoin and the dollar are perfect examples.
Bitcoin is going up against the dollar right, well sort of.
Many would argue its closer to this though:
(Source: https://x.com/BitBuyer313/status/1857220452596228556/photo/1)
The dollar is losing value while bitcoin maintains.
That is the argument by forever bitcoiners and never fiaters.
Which one is it really?