We are long past the point where a few whales could influence a panic sell-off that would lead people into a suicidal mindset. The more Bitcoin adoption, the more Bitcoin stability and the less volatility.
In the future we might be lucky to see a "dump" of a few percent within a week.
Do you mean that no threat could bring back bitcoin at 60k mark? It appears so, but that's not certain, despite the strong involvement of government offices in Bitcoin, would they be able to withhold Bitcoin in a bear season to stay around 85k upwards? The next halving is in less than 3 three years, and the long red candle is yet to come for buyers to purchase more bitcoin. Unless it pumps higher that 100k is the bench mark for the bearish moves, but with $10k added to the 100k and the $105k price it's not strong enough to hold on to a serious shake on the market. Like a crypto exchange rugpull.
No realistic threat. But going back to 60K is not unrealistic. It could be well within the boundaries of a correction and there is nothing wrong with that. Everything that goes up must come down at some point. But I draw the line at 50K to be honest. If we go down further than that then something is really wrong (I still would not sell though). It might just mean another crypto winter (with a hodler summer up ahead).
What I meant is that there is no more such volatility that we saw in the young days of Bitcoin, when we would go down 40% in a matter of hours. Such things will not happen anymore (unless something unrealistically bad happens).