Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true,
People did expect that price will drop like you said and there expectation saw price actually coming low to $17k before this recent drive back up to $24k . There expectation wasn't far from the reality on the history of bitcoin back in 2017 that it had a bull and 2018 it dropped to $3,500 after the bull hype was over. That is same thing expected but for now we can't be sure what way price deciding to go.