but if you look at a few weeks until now, this is what happens to the price of bitcoin still at $ 4000 maybe this is the best way for bitcoin or bitcoin that is still in transition
And if you look back a few months before then, (14th Nov) the price of Bitcoin was stabilizing around the $6100 - $6300 range.
That's the unpredictability of the market. The market reacts to a lot of factors, Big news, panic sales or massive purchases, price manipulations etc.
It would be a couple of years, corrections and regulations for Bitcoin to consolidate and have an actual value.
bitcoin does have an actual value it is just that this value is mostly measured with the price and the price is decided on exchanges which happen to be unregulated and small. and that means price can be manipulated by someone with a little bit more than average amount of money and willingness to manipulate it and the experience to do so.