Eventually bull phase will be over.
Bitcoin will not fall below 6k or 5k this year, the probable correction value is between 6k to 8k in this middle of the year but it will pump up again to 10 or 12k or more. So let's be hopeful that bitcoin will not crash anytime soon this year. As Russian government already adapted bitcoin , then i am confident it will not fall back to 5k.
That has already happened. Market manipulators are smart enough and know to what extent their dump and manipulation can be healthy. They don't want Bitcoin or cryptocurrencies to die. In February, Bitcoin did touch $6k. If the price continued to tumble below that range, panic would have taken over the market which means an ultimate loss to the bulk hodlers and that they never wanted. Right now, Bitcoin is in bull phase. Yesterday's drop was just because of Binance hacking rumor. Price is already recovering. I expect quarter 2 to be bull one