It will only go down if people hold and no one is buying btc. There will either be one or the other. If people are not buying and only selling the price would dump. But if they are holding and no one buying or selling then yes, it would not move.
bitcoin becomes very unpopular if it gets difficult to obtain, which i expect to happen, and it will look like an egoistic sect garbaging the world with their propaganda.
therefore popularity and acceptance will drop, afterwards
it is actually happening already and it will continue in my oppinion