This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. But, this time that's not going to happen. As a lot of big investors and some big financial institutions have invested in bitcoin, so we can say that it has gained some sort of stability. But, there is still room for manipulation by big players.
Not expecting any major fall now tough some downfalls could always exist and will come but the recovery period and bounce back will be soon. Not like 2017 where it took 3 years to returns to its ATH. So, around the existing price only expect the lower range could be and seeing mostly the upside from here after the big companies have now invested and invested in it.
Not unless big players play to create a big shake, it surely affects the entire market.
It's good to see that there are lots of institutional investors who are now part of this industry, with so many money involve falling that
deep might no longer possible, there are new players who will catch and buy that cheap coins, whales might think twice before trying
to make such moves.