if you look at the current situation and conditions, cryptocurrencies still have a lot of time to bounce back. the presence of several new digital currencies will make cryptocurrency passion more varied. So bitcoin won't stand alone for a very long time.
As long as people are interested in cryptocurrencies and bitcoin, we have all that time for bitcoin to bounce back and hopefully get to another ATH and cement itself to a newer plateau that only leads to more ATH in the future. I agree that the more crypto garners more interest from many people and I am pretty sure that as long as people create more crypto, the cycle won't end.