Because Bitcoin’s supply is limited but demand can change a lot, price will keep being volatile — both up and down.
If macroeconomic conditions stabilize or demand returns (e.g. new institutional buyers, renewed interest), BTC could bounce again. But short- to medium-term, uncertainty means caution.
If you hold or consider buying, it’s wise to think long-term — rapid swings are common and often tied to external economic/market factors.