one one hand we have Omicron and the mark that it is leaving on the world economy.
on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that.
i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be, but i can expect a month or two of "fear" where people are scared of buying bitcoin and eventually start hoping for a drop so that they can buy more (something like what we saw during $30k period in the middle of 2021).
do you think January and possibly February could be the Fearuary months?
If to this we also add the belief people have that the past has the tendency to repeat itself, then we can see how the behavior of investors will be affected by the belief that just because the market of cryptocurrencies crashed at the and of 2017 and the beginning of 2018 that something like this could happen again, so if we add all the factors that are currently in play there is a definitely a possibility that we could see a further decrease in the price.