I think yes, and I also think we will be in a bear market for a month or so
The bloodbath might be a good correction for bitcoin. And every dip is healthy to make us realize that after reaching the lowest price, it will not go beyond or lower than it the next time.
It's about to recover and we should expect moody movements of the market.
No one knows if rising will be continuous or not.
Everything will be okay. I don't worry a bit.