Bitcoin is a decentralized digital currency created in January 2009, so it's a young currency used in a few countries. Also, it's not legal worldwide; consequently, it's not accepted as a global currency, and the state's economy doesn't depend on bitcoin or any crypto. It's obvious you will see exponential growth or recession. I suggest you look into https://fbs.com/ because India didn't legalize bitcoin or crypto yet, and it'll happen soon. Try to follow the crypto market in India, especially bitcoin, and you will see a stabilization.