$45k as its lowest but look at on how fast it did able to recover? I cant blame to those people who do think off that this might be the big crash but it didnt really happen.

The price had able to cling up and pass 50k price in no time and now we are seeing some casual rise and decrease of prices which it isnt surprising.
Bull market in danger? As long the demand is still on the same intensity or supports are strong then i dont really see the chance.

Always take precaution on your investment decisions though.