Many people say that when bitcoin prices go down and it looks hard to go up then everyone says that bitcoin is dead, but I have to say that this incident is normal and bitcoin soon gets better and skyrocket again.
Agree. It is often normal for Bitcoin to react that way in its price movements. Since it was never designed as a stable currency, but rather as a store of value full of volatility, it's meant to go up and down over the course of time. As such, there is no reason to declare Bitcoin dead when it has managed to retain its position in the market for quite some time.
Bitcoin as we know it, continues to grow in technological development every step of the way. Considering the amount of interest there has been into Bitcoin lately, it may never become dead in the mainstream world. What's more exciting about Bitcoin is that the Lightning Network is very close to become adopted at a large scale worldwide. This shows that Bitcoin will keep making strides within our world, despite what its value will be.
In the end, what matters most is Bitcoin's advancements in technology, and what it could do to improve our lives. If we only focus on its price and declare it dead, then we'll be greatly mistaken. Therefore, I believe that Bitcoin will continue to live for a long period of time. Just my thoughts