Bitcoin does survive from a lot of bad situation and bitcoin still got a lot of challenge from a lot of institutions, people and the government, if bitcoin not keep updating and bring the best then one day it could be replace, for now bitcoin still survive because a lot of people support it, and we should encourage people to buy and used it
A lot of support always helps. there is no realistic option that bitcoin could take a bad turn. like you mentioned many institutions and people work with bitcoin everyday. yes it has had quite a dip in prices but for bitcoin-thats not new.