Bitcoin always goes through BOOM and bust cycles like this. It got killed at the top when it ran into issues with being able to actually work due to scaling and transaction fees went up to as high as $50 from what I heard. They are suppost to be getting the lightning netowrk working soon and that should take care of both of those issues so it can take off again.
I personally believe that it will fall a bit further, then eventually rise again. And the rise might be fast and high. But the problem is that no one really knows what the future will bring. Some people believe it will crash and burn, while others believe that it will rise to hit All Time High values. You just have to make up your own mind about this to be honest. Sorry that it's not a clear-cut answer, but unfortunately that's impossible to give.
Well what would only make bitcoin to remain weak is if
the demands do not increase but i believe that demand might soon increase and investors will keep re-investing
and when that happens it means that the bitcoin price will still become stronger and it will rise back to its
previous price before the bearish trend previously started...
This is not the first time that bitcoin is weak on the crypto market and it rises up back again,,the demand and supply happening on the market affects the bitcoin and
the utilization of the bitcoin is what can also determine the outcome of the supply and demands on the market,i
believe that bitcoin will still continue to be utilized and relevant and that would always make it to be
demanded and the more the demands occur then the more possible for the bitcoin price to stop the weakness and become stronger and rise back to higher prices....