the price will move something like this in the next 2.5 years: 17.5K->35K->20K->25K->15K (the last bottom might be around 12K or lower)->20K->30K->20K->42K. And then hopefully some good news will boost the next 2025 bull run to a brief last ATH in the 168K area.
This is what I think how price might move in upcoming months:
17.5k -> 28k -> 15k -> 19k -> 12.5k
12.5k > 22k -> 28k -> 45k
ATH to be near $180k once we start the bull run after Bitcoin Halving in April/May 2024.
It is Most likely senario for Bitcoin
But in my other view It is very likely that Bitcoin's bottom is already in but Bitcoin needs more time to cool off all this hype phase we saw after halving mid 2020-2021 until where we have the fundamental holders of Bitcoin start getting stronger more and more once again, and then we start to build up again from that floor.
Seem we're getting into such an accumulation phase where Bitcoin will be moving sideways $17k - $50k and $50k - $20k until 2024 Bitcoin halving then we could see a new ATH.
Should Bitcoin do x3 of it previous ATH and before it picks, $200k New ATH is achievable for Bitcoin in my opinion.