There are 2 things to consider when its Bitcoin...

1. Limited Supply unlike Uranium.
2. Decentralized hodlers.

These two things have never been in any other market before.
Bitcoin has moved its game from currency to store of value. For currency there are multiple alt-coins that can be easily exchanged with BTC.

Cartel exists but is still not getting grip on Bitcoin.
200% price going down will not change the fact that lots of hodlers are still more than 1000% up.
Down the line say about 5 years, Cartel will have to leave this game as they will not have strength to stand against decentralized super cartel which is all of us called Hodlers.