It appears that the whales might be preparing for another dump. We cannot be certain what will be the most lowest bottom for this bear market, however, I predict this will be caused by Michael Sellor's next dump which might be billions of dollars worth of bitcoin!
You mentioned Strategy, let us hope Free Market Capitalist will not come after this thread, but it was a good thread for me even if Michael Saylor will not cause any dump or further dip or if the dip happened just on its own as it can happen.
I do not know much about options. It has been one of the trading areas that I have not gone for before. But if said bitcoin can dump to $52000, I have a post about the possibility that it can bottom at $53000 which was not directly from me but from another analyst. So I think the dip price that you talked about is still very possible.
Although, I posted the bottom may be $59000, but that was breached in the last bear market when bitcoin dipped below it a little.
About Michael Saylor to cause the bottom, I do not know, but I also do not think so.