Second reason: if the economic crises will emerge, then Bitcoin falls much more than major stock indexes (just as during corona crises March 2020).
Just like when the COVID-19 pandemic hit, the market has dropped a lot, and it's very low. But it's been tested again when the market has gone through another series of global issu,es and that's with the Russia-Ukraine war. And I think that Bitcoin has survived that. While we cannot be confident to say that it's too high to fall that much, its volatility says that every possible higher and lower price has always been there. With the percentage of how low the prices were from the ATHs like, an 80% - 90% drop. Yeah, numbers could say same but I don't think it will be that low.