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If the bullrun isn't over yet, why Bitcoin drop very significantly? Even, I heard it may drop to $85k. If this really happens, it is more like a sign of bearish season. But it is very surprising that the bearish season comes very early. If we consider the history of the previous cycles, the bearish season should start next year. Or at the end of this year, if it becomes a bit earlier. Anyway, when do you think we have a new ATH of Bitcoin?
I'm starting not care anymore with Trump. He only wants to take advantage from us. He doesn't care with crypto future.
The market being on the bull run isn't mean that we will not experience short corrections anymore. The road isn't smooth if you know what I mean.

Why Bitcoin dropped significantly? It's because the sentiment of the investors turned bearish when Trump implemented tariffs towards Canada and Mexico. For them, this isn't a good idea hence, most of them sold their assets leading to a dump. it's the same when Trump won the election in November where they see it as a bullish thing hence, the pump happened.
Let's always take note that the market heavily relies on the sentiments of the investors. As to when do I think we will have a new ATH of Bitcoin, I expect that it will happen within the month of February and March, and after that, it's anybody's guess. I believe though that this year will be a bullish year for the crypto market.