For the last 4 months there's been a lot of FUD and a lot of people stopped believing in the better future.
Dude, it's not like people have stopped believing in a better future, regulations are being tough in many countries and this is driving people away from buying bitcoin and reducing the demand for bitcoin
What happened to bitcoin, when it went down from $20k to $6k seemed unique and frightening. And yet it isn't. During November 2013 bitcoin went extremely up in terms of the price and topped at about $1.2k. However, 2014 wasn't a good year for bitcoin, because it dropped from that high price down to $250 at the beginning of 2015, so I might've looked back than that bitcoin would never be great again.
years ago bitcoin was completely ignored by many governments and because of this there was no very hard regulation against bitcoin
So we really should not be afraid so much, since we have a historical example of bitcoin getting out of a similar situation before.
The past is completely irrelevant and we have to be afraid because if the regulations become worse the price will never increase, we can have a situation where the price remained for many, many years low of $10,000