Until we don't get to see the last month's price of bitcoin this year, no one can tell that what will be the bottom price. Bitcoin can still surprise us even on the days we least expect it, it happened already before, so its still possible to happen again in the next months or years ahead.
And that is what Bitcoin market from the very beginning, it's volatile and we don't know how the price will moved. Even in short term, it can go either direction. Just like what we have seen, it goes down below $63k and in the next 24 hours, almost touching $64k.
This is why liquidity matters, and if there is a very low one, then it is going to move even further. If the liquidity is low, that means even a half-billion-dollar move could suddenly change the direction very easily; if there are huge volumes and liquidity, then billions can't move it in a day.
During bull periods, we go up so much, and we have so many buyers that someone selling half a billion dollars at that moment won't make a difference to us; or when we are in a bear market, and it crashes very quickly, someone buying half a billion dollars would not make any change, and it will continue to go down. But when we are stable and very low liquidity and zero volatility going on at any moment, someone coming in and making something that huge would create a huge volatility and change the price so much.