Also the FED-RES is no longer doing QE, a lot of the money that made its way to BTC was that post 2008, the FED printed $4 Trillion USD and dumped it on the world, so a lot of that money, trickled to BTC, ...
BUT now the FED has quit QE, its no coming back.
There is NO way in hell, its infinitely impossible for bitcoin to go back to even $5k, in all probability it might stop at $1k, but its most likely to just keep drifting back to $400.
I think you had the 2018 sell-off that caused you to panic and lose confidence in Bitcoin. Actually, there are many people who suffer like you but they choose to be silent. The sad thing about manipulation is that manipulation is so common that it can lose all greedy people in just a few days.
So when participating in the crypto market, be sure to have a safe method of making money. manipulative organizations are still growing stronger so in the coming days, we also need to be careful about the correction after the rising streak.
Ps: I would say that Bitcoin can surpass ATH and may continue to fly even higher in the future. Do not be too pessimistic about Bitcoin because in the future it will soon be legalized worldwide.