Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 12th, Bitcoin will Bull Run this year, this price drop was a dump in order to push prices down than they will rebuy it and the price will rebounce very strongly forcing a bull run, otherwise people wont have force to push price high, after this rebounce everyone will talk about BTC and the bull run will be the longest in history(1BdgaR4mWNbDckDqnC1PqLxS26Y1PFiN4h)!
I dont know if there is really going to be a Bull run this year, people have talked a lot of about that since this year began but it all never happened. As for the price, I dont know if the current price of Bitcoin is really the lowest, its possible there is still going to be further decrease, but $3k isnt much to lose for some people. And by the way, the price has bounced back to $3,800 now. Lets see how it ends this year.