There is the noise and there is the chart.
On a monthly time frame bitcoin look healthy.
With a technical buy on the 20 month EMA and the 61.8 retrace fib level. and the RSI rebounding on it's bolinger channel median line.
From now on a new close higher from the last swing high (17.0197) would mean a monthly uptrend and buy proxy a new bull market on the bitcoin price.
Anything else is just speculation.