In November, Bitcoin's all time high was $68,000. Bitcoin's 2022 low was around $34,000-$35,000. Since December, Bitcoin's price has been wobbling between $35,000-$50,000. Bitcoin is recovering a bit right now but has not reached its all time high yet. Last month, Bitcoin crossed $40,000 and reached at a peak of $47,000-$48,000 to this day. It still has not rosed above $50,000 yet so there is a small chance that Bitcoin would touch $68,000 in 2023. When an economy experienced a bad recession, it would take like 1-4 years or more to recover from it. Last year in May-July, Bitcoin declined dramatically. Bitcoin lost half of its value and it took at least 3 months to recover from it. It has been at least 4 months since bitcoin was at an all-time high. This decline was longer than the Q2 2021 bitcoin decline. Will it recover in a few months or in a year?

Time will tell. What are your predictions of when will bitcoin recover from this decline?