Jump in the price of bitcoin in 2017 was very sudden and not very normal, so a correction was due which we are still feeling. This is a bear market and this market will recover. Price will increase, maybe not with the pace like in 2017 but btc will grow eventually and so will the market.
The bear market may be coming to an end, this short and steady growth that is happening now is what I like to see.
Bear markets should truely soon end.
These are really not expected and are causing a huge panic in the markets. It is also highly affecting the trading volume and also should need some major attention from good investors so that they can really get good response again. It is in our hands to take the price for bitcoins to the moon as the markets completely depends on the demand and supply factor.