no, it is wrong, the price of bitcoin is volatile and will continue to change so that the current price is normal and do not panic or worry because the price of bitcoin will soon recover and rise again, so this is not the end of bitcoin
No it is not the end but it is the beginning instead, while the price is low this is the beginning to bull run again good thing when the price is at low level the opportunity is high to buy cheaper coins But when the price is high that's the beginning to make it lower.