I still remember the time of last December month when the valuation of crypto and specifically the bitcoin was sky high and every one was about to sell their coin as the valuation was that much high that at that valuation everyone is getting a very good profit but due to the massive selling of the bitcoin, the valuation get deflated and people started thinking that the market has not been crashed but its just the simple game of market demand and supply and the same happens with bitcoin, not the valuation is very low due to less buying of bitcoin but still people are buying it and when it gets its sufficient investors, the valuation will again get inflated.