I believe price depends on demand and supply . The more demand with low supply results more higher price and vice versa. Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?
Your theory is correct. The more demand exists, the higher the price will be. But in reality things are more complex and it's not that easy to boost the price, at least not in short run. There are ways of manipulating or suppressing the price to a certain degree, via future contracts for instance.
Bitcoin imo needs more retail investors to get in the market again. Many big players will probably buy OTC right now, which will not have a direct or immediate effect on the price.