Option to toggle off Search history in address bar

Provide us with an option to toggle off search history in address bar. I do not wish to show all of my search history to someone by just tapping into my address bar. This whole search history suggestion is a terrible idea from a privacy standpoint!

You might just ask then why not use the Incognito/Private tab or Clear data on exit? Because I do wish to retain my cookies and site data so that I do not have to log in back again to every site I use after reopening my browser.

Hopefully you guys are seeing the issue here and will take necessary steps to solve it. Thank you

(Screenshot of search history being shown in address bar just after tapping)