The stockmarket had a 10 year bullrun. Time for a nice healthy correction. Last correction happend in 2008 and 2000.
Shit will hit the fan again.
And all that money will pour into btc as an uncorrelated asset.
A new recession will be the true test of bitcoin's market resilience. It will also determine what % of the market cap is currently propped up by Wall Street. As bitcoin is the highest risk of the high risk investment class (actually altcoins are the very highest), a recession will see a sell-off of institution-owned BTC.
If BTC can then establish itself as a "safe haven" investment
after the outflow of institutional money, then yeah, sky's the limit.