Of course Bitcoins are going to recover from the decline. In my opinion we are already in the middle of the recovery. If we look at the bitcoin price at the start of the Ukraine-Russia war it is now much higher even though the war has not ended. The world is facing a lot of problems this year, rising energy prices, rising inflation, declining world trade, rising refugee numbers and ongoing covid crisis. With so many issues it comes as a surprise that Bitcoins are still trading so strong. I would expect the worst to be behind us in the next 6 month. We could see a new ATH for bitcoins in November/December this year.
I agree, the world is definitely in a horrible situation, but considering all of it is related to just how "well" we can live, and not about our existence, there are bigger and existential crisis that have been around and ignored for decades, like climate change for example, or not managing to focus on interplanetary life, which we could do in mars as we all know but haven't put enough resources in so far.
All in all I have to say that it is not really that good for us to consider it the way it is right now, because humans could live a worse life but could at least live, we had much worse life back in the day because of lack of technology, right now we are just not living to the fullest we could live.