I think you think too much, but these thoughts go mostly in the wrong direction and are very limited to just one event without looking at the big picture, which prevents you from seeing things in the right context. There are a lot of elements that have influenced the BTC price drop, and FTX was just the latest to cause the crash towards $15k. A much bigger crash was caused by the failure of that scammer project from South Korea, and before that we were sinking due to the increase in inflation and the fall of the stock market, as well as disruptions in the world markets caused by the pandemic and the war in Ukraine.

Add to all that the fact that ATH was always followed by a correction, and then you have a much clearer picture on the basis of which you can draw conclusions. In addition, this recovery is not yet a definitive sign that we have exited the bear market.

As for your belief that "Bitcoin is a necessity in every one's life", I think you are exaggerating beyond measure, because if less than 5% of people in the world have any contact with Bitcoin, how important is it to the rest of the people in the world - especially those 40% who don't even have access to the internet?