I don't think it was a bubble either. I think it started as price manipulation, then FOMO happened. Once the price hit a certain peak, those who got the runaway bull going sold on the market and drove the price down. Others panicked and followed suit. It will go back up again.
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It sure will. There's no reason for it to stay down or go down any further. And once the fiat currencies start their final leg downwards, cryptos will most likely rise, along with gold and silver. It aint rocket science – it's basic economics.
Cryptos could go down some more, but they'll bounce back up. There's no reason they won't.