immediately I went straight to answer them that Bitcoin is here to stay.
I hope you have that better understanding why you say that bitcoin has cone to stay, because it's not only by saying it alone but by the kevel of how far you've gone with the understanding to this,if we should experience more dip below $17k to about $12k will you still maintain saying this statement, we are not pasuaded by our decision on what we invested on bitcoin, we know it because we've already seen it coming long time ago before Satoshi emerge the successful winner, this are what gives us edge not to even thought about other cryptocurrencies when we know that bitcoin has all it takes to stay while others don't.
It is without doubt that Bitcoin really suffered greatly last year with over 60% fall in it's value as a result of macro climate and some high profile company failures
Ofcourse we had a dip season last year while bin 2021 was the big catch for many with ATH of $69k, this is what we meant by volatility, those companies that have recorded loss could have once upon a time make huge profits in the past.
there is still more hope for Bitcoin as there are more people seizing the bear season to accommolate more Bitcoin which is a hope for Bitcoin.
Bitcoin isn't relying on the accumulative capa for it to stay, neither does it depends on people to get adva on the dip for it to create and add value, it has won all it takes to soar far above other creeping currencies by what the entire network is made up of.