I think so because bitcoin will definitely recover due to people's demand. The people power of demand can change the way of bitcoin price motion. Maybe what is happening now, has been done already back to the years past.
No matter how hard bitcoin prices will drop, it will still recover because the demand in the market is keep on increasing each day since people are still interested on investing because it was very profitable right now while the prices are down.
I agree with you, since bitcoin is always been like that in the past years, It is not easy to say that it will end that easily, maybe they are changing or improving their system and making some progress to it, Im sure that it will recovering its value and go more higher on it, just like what happen last year where bitcoin is raised its value.
Definantly bitcoin system is going to improve. I do not think that it is so easy that bitcoin is die, i that that as time pass bitcoin is becoming more and more powerful, it will continue becoming more popular and powerful as soon as the bitcoin price is increasing. Bitcoin is still very young still most of the people of the world even do not have any idea about bitcoin, therefore still bitcoin will continue becoming more popular and even stronger.