Obviously we are in this bear market so the price of cryptocurrency is bullish, that is the reason why the market is currently dropping hard or increasing since there are a lot of price manipulators today in the market.
Price manipulator or not, the value was meant to correct anyways, at any certain point in time but the truth about the whole thing here is that, bitcoin being bullish cannot be known now until we get to see some pretty good momentum or until we at least see it go bullish. We are still in a wedge downwards and no one certainly know how the market is going to end up pulling it off in the long run, but for now, I would not be too bullish on bitcoin but probably at least in the short term.
This whole year is the worst year in the history of bitcoin. Such huge dip in the price has never seen by any one. Those who bought bitcoin for $19343 have lost almost $13000 in each bitcoin.
No mate, it is not the worst year in the history of bitcoin and may be you need to go back to the books and check the history of bitcoin to know better. This is not the first time a huge downtrend like this would happen in a market, and simply since you are Junior member, this is absolutely the first one you will be experiencing and that is understandable but what people do not understand is that corrections are healthy and it is always a good time to always find a better opportunity to be getting into the market.