Great point. But let' not forget that BTC also dropped from $1200 to $200 ish and stayed in that range for a long long while. It's very easy to make a one year side by side comparison when that year had been EXCEPTIONALLY good (and unusual) for the crypto short history.
Let's also not forget that at that time bitcoin was nothing. He had no distribution and the particular application. Now the situation is completely different. It integrates global companies and used to pay for goods and services + now in the world of great political instability and people are buying bitcoin.