Some of the merchants you said have removed Bitcoin as their payment because it's too volatile for example Steam in 2017-2018.
But still it doesn't reflect the fact that Bitcoin is heavily and widely used in different aspects of our life in both physical and virtual world. People that says Bitcoin is dead, they don't know anything about Bitcoin and just manipulate everything to make it real but in the end Bitcoin is always become stronger and stronger for every dump and crash we have experienced.
Yes, you are right, the market situation of Bitcoin is down now, we are hopeful that the price will go up sometime, now if you want, you can deposit Bitcoin according to your needs.