I believe that these things are mostly true but I don't consider every point to be a hundred percent correct. Considering that the users by themselves created the market for bitcoin, I do believe that the users are the main reason for falling prices. This is where bitcoin and other cryptocurrency is based in terms of price. No usage means dropping prices as a result of less utility. So with good usage there will be good prices to see. Too many are just keeping bitcoin and are waiting for prices to move up and without actual utility, we will certainly experience a bearish market trends.