Bitcoin is still alive and is flourishing even though the market is at decline. Market is at a downtrend which doesn’t mean that bitcoin is dead. Many people take it as an opportunity for investing in bitcoin.
Bitcoin have encountered several situations like this. Now the userbase is very big and that makes it much into discussion. In the past these kind of news will be spread around to manipulate the market.
When there is some decline and news of Bitcoin going to end, automatically panic waves were created and common people tend to sell. This creates increased selling and declines the market even lower. This will be used by the whales who make this manipulation. Nowadays we don't have such kind of market moves, because people are well aware.