Mass panic selloff - despair - indifference - the time of low interest by general public, and active work by the core supporters -- then natural growth from inside, caused by the persistent work of real value creators, such as developers, adopters and promoters.
I believe before BTC can grow again, there should be new achievements to show, and more healthy community caring about fundamentals, not just price.
This is how I see normal way of resolving the consequences of the latest bubble.

I wonder how do you see the possible path? Do you really think BTC is ready for another rally in this situation now? Or you think it can go sideways long enough so new development matures and adoption kicks in?