There are few possible options from what I think.
1. Correction.
As we see on the stock market the prices of the stocks are in a correction phase, just the same as crypto's.
2. Where in the next cycle.
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3. Manipulation.
There are bigger entities than we know that manipulate the crypto, but does that also mean they manipulate the stocks?
Take these assumption with a grain of salt. My plan is to buy more crypto's while they are on sale because I believe in option 2, and we are ATM at the anger stage. It would take at least a few months to see a bull-run if not years. Good luck with shorting the market my friends.
"This year" is just another 15 days, we have been talking about an increase "this year" for so long that eventually we have to realize there is not enough time to see an increase that would make any difference.
In 15 days the best we can really hope is anything above $4k, rest is definitely not possible at this point unless someone puts couple billion dollars into bitcoin right away and that s not going to happen nobody would risk that type of money that idiotically, people who have that kind of money didn't get there by doing silly stuff like that. Moreover, we can be hopeful for January at least because there are many news coming from that part, Bakkt getting accepted, etf getting accepted, nasdaq promoting and all that could result with good things for us.