Given bitcoin had 2 instances of dropping more than 80% in its history, I think it might be in its 3rd of such big move. A simple extrapolation indicates it might bottom around April 2022 with a price tag $12,000.
People see it differently and have different views and that is more than healthy and OK. Definitely I can be wrong but I personally will not touch bitcoin in the next 6 to 10 months as both technicals and price actions are horrible on the weekly chart as you can see.