Obviously Bitcoin won't die. Just like the stock market, bitcoin too is subject to ups and downs in price. It is the belief of people that makes Bitcoin stronger. Every time the market falls, people consider it the right opportunity to invest and make money, and I am sure that a lot of people would take this low price as an opportunity to invest in bitcoin.
Also, going by the past trends, bitcoin usually upscales towards the ending quarters of the years. Even in 2017, it was the last quarter that resulted in such a high price for bitcoin.
So just sit back, invest, and then watch the market go up.
Yes I strongly agree with you. Bitcoin is not dead because until now there are lots of people holding their crypto currency. As long as people are still supporting bitcoin, bitcoin will still exist. Bitcoin has unstable value it, sometimes it goes down but doesn't mean it will end because it will also goes up.