I do not like to give forecasts, but I think that this price drop can last several years, as in 2013, we'll see...
Most times during downtrends, there is always that psychological effect it ends up playing on some investors which makes them to bail out from the market when they just see the market showing signs on more downtrend and that is when we always hear the doomsday death scenario and the idea of that lasting for some months or years could suffice.
Nevertheless, I still want to hope that a lot has changed from the past years with reference made to 2013 by you, to present condition of the market and with that, we may not actually see the same long years of consolidation play out and if it does, well, we just have to accept things the way they come and use it really for what it is, which I believe with some patience will always turn out well when the bull kicks back in, because, they surely will.
In past few years, and I'm here for years, so many things happened. I always point out how much crypto community is bigger, we are growing every year, and that grow seems to be unstoppable. What is more important then that? Man power, and there is more and more of us who support crypto with everything we got.
Most downtrends people complain, when its rising people are in fever. Don't judge about crypto with emotions, it's technology on global market and there isn't space for emotions, hard work and knowledge have much Kore weight. People talk about recover, but actually we have great price at the moment, and fluctuations that have couple thousands range, it's good for people who like to risk, it's good for people who bought years ago, now this new millionaires invest more in technology. Everything is still working with full power and great times are ahead of us.