Nice observation but certainly not a good memory to behold, especially if the person is one of the holders of BTC till now. There is hope, better days are still ahead as BTC is concerned. By calculation, in just 365 days, a very huge loss of almost divided by 3.5 has happened, which might have caused a serious panic if it were to be the stock of a company. But here we are, BTC is still moving and has a better hope of rising back, we should get ready for it.
Inflation and economic issues around the world added to the losses, but from 2023, better economic recovery would help it, while halving will push it even higher in 2024 and beyond.