While majority are selling because of the FUD, whales and institutions are buying. So it's up to us where would we position ourselves. I, personally would invest more in altcoins especially URUS, CHAIN and
$ANRX. Because ones BTC start to climb up, these altcoins would go parabolic.
the usual thing actually happens with bitcoin, because every increase that occurs there will be a correction that can be very deep or not. Your predictions are very likely to be true. There is bad news that scares everyone and sells it and of course there are those who benefit from that action, the pope and institutions are waiting, for more and more to sell because of excessive fear.
actually investing in bitcoin is always the best thing, it just takes patience because we know that bitcoin will experience a halving and after that there will be a sharp increase again. so there is no need to be afraid to continue holding bitcoin even though it may take a long time.
and if you want to change to an altcoin there is also no problem as long as the altcoin is at the best rank, there will always be alternatives.