I personally think this time around there won't be any bearish market. The market is just too overflowed with the institutional investors capitals that are very bullish when it comes to crypto and not some whales' money that could inflict panic selling everytime the whales trying to make a play. The problem with the volatile market in the past is because everyone want to cash out to make profit, same thing to whales that eventually gonna dump the market when they sees fit. But now there's innovation like Defi, NFT (although deemed overrated) and many more I'd be surprised if the market gonna be the same as in 2017.
We must be realistic here a bear market is going to eventually come, that is inevitable since it is just part of the markets, this is not because bitcoin has any sort of flaw or anything like that. it is simply the nature of every single market that has ever existed, with that out of the way it is obvious that no one really knows when that is going to happen and I agree with you that institutional investors are going to be a force to be reckoned with.
What I think is going to happen is that the bear market is not going to be as severe as the ones that we have experimented during the previous bull markets, so instead of a crash of more than 70% maybe were going to see a crash of 40% or at worst 50%, this is still a lot but it is way less than what we experimented at the end of 2017.