We don't know bitcoin will go where continue to decline or go back up. Perhaps the decline that occurred this time was the last decline, and after that, there will be a resurgence of bitcoin that the price will continue to increase to a significant level.
Depending to new holders that will buy those cheap coins around the market, if they will keep it on hold and patiently waiting for the rise then we will see good movement after some time, but if those new holders are still same with those early panic holders, then we really need to wait for some years in order to see the bounce up and reached another height.
We need not to get panic in low market because it is also the part of market that comes after the demand rate movement, its increase brings increase in price and decrease brings decrease in price. Now we should not give importance to these useless situations but should act like professionals because we have to grow more in this crypto world for better results.