When the bull market ends, what do you believe the price of Bitcoin will be? It will rise up to a better position and surpass the previous price.
With institutions and fund managers holding most of the bitcoin supply after the coming bull run, I do not expect bitcoin to drop very lower from its potential new all time high, not to talk about it droping below it's current all time high which is still around $68,000 for some, and $69,000 for some.
If lets say that bitcoin manages to create a new all time high price of $150k in the coming bull run, and after that, we enter a bear season, with most of the bitcoin supply held by fund managers, institutions and governments around the world, I do not expect the price of bitcoin to drop below $100,000 to $90,000 all through the bear season, infact, I am expecting the price of bitcoin to relatively become far more stable than it has ever been after the coming bull run.