It will definitely recover maybe even by 3rd quarter this year. There are too many companies vested in the blockchain tech for it to completely go bust.
Also total market cap of cryptos is close to 300 bn now which is super small, its even smaller than a single market cap of some large corporations.

Even the dotcom bubble recovered after 15 years and that was when it was worth 10 trillion. Also keep it mind, crypto market is 24/7
while stock markets are office hours and on weekdays only. So the recovery period for crypto is much much faster because of it being 24/7 and
with the small total market cap.

Back then I remembered it took less than 3 months for it to grow from 400bn to 800bn.
So all it takes is another 2-3 months mania period for it to recover again.