After the bear market will come a bull market and only the best projects will be able to survive which are really necessary for people which bring something new like
https://twitter.com/GulfCoin_/status/1526498887376183298 which provides digital payment solutions, and financial inclusion to the world and is useful for people.
Many people predict stagnation of the market which will last for a long time.
It means that market will continue to fall if economic situation will not change.
Now all market falls. The govements want to solve this problem and stablize the market. But still now no success. The fall of all economy continue.
I think that when you refer to the world economy it is due to the high inflation that the USA and Europe are currently suffering, in some way this has greatly influenced the BTC economy, for this reason it is one of the possibilities that has affected the BTC.
Another reason why I think that the BTC could have fallen to that point is because of the old whales that are from the BTC market that have not manifested themselves, in 2019 a large number of shorts emerged for the whales to enter the market buying cheap. The last reason I think it may be going down is because of the war in Ukraine and RUSSIA, many investors are scared and sell.