Yes, there are strong possibility that Bitcoin will rise again. Bitcoin is the top cryptocurrency. Bitcoin has the biggest market. In the next month, BAKKT will start trading Bitcoin.
That will help Bitcoin get higher price. BAKKT will give Bitcoin more exposure to the mainstream financial world. That will bring value for Bitcoin.
Bitcoin went down very low because Bitcoin Cash civil war led to a lot of panic selling. When the panic seller buy back, the price will go back up.
Bitcoin is also getting institutional investments which help with price. Overall, Bitcoin is still going well.