Every market like stocks commodities Interest rates etc see corrections upto 75 % which doesn't mean that they will not go back up higher and history proves otherwise. These corrections in fact are healthy. There can be many many factors behind these moves. Bitcoin being the first crypto with early mover advantage and with improvements like Lightning Network in the works, Bitcoin will keep growing and will see new highs in the near future.
your right mate,bitcoin came from this burden half year ago and for the record he did overcome and climb a huge price of $20,000 thats why i am confidently believe in bitcoin capacity of recovery.trying to grow today from $11,400 wasnt a long run right?that the posibility of returning to $20,000 is just a few weeks sooner