it is just a stupid opinion without knowledge. lets compare price now and the price in March ,2017. it is more than many times. why do you can say that BTC is dead?
There will be a lot of FUD, especially in a bear market. Sometimes this is a good sign to search for a buy position when there is only FUD and fear in the news. This could mean that we are at the end of the bear market.
I think that how much wallets are downloaded don't have a straight correlation with price or market movement because there is no need at all to download the wallet if you want to use or buy Bitcoin.