As of this time, we cannot simply determine on when will the market recover. It got even worse because of the FTX collapse exposing the fraud that they are in which the customers lost billions of dollars.
Thank God I didnt have FTX and I never had any funds there. But of course, I know how it feels to lose big amounts, especially on what happened to me last April where 3 of my Metamask wallets got siphoned to a hacker due to accidentally clicking a fake PDF file which is a malware.
On top of that, I am at a loss on my BTC holdings as Ive started DCA with it last May 2022. Theres no exact timeline on when will the market actually recover and you just have to acknowledge that.
After FTX collapse make us waiting for long time for Bitcoin and market recover after bad reputation, feels better when saving fund in cold wallet or hardware but I am little disappointed because several my friend loss their fund after holding on FTX. Can't have accurate predicting about Bitcoin recover and back to higher price with many bad news coming, seems with FTX collapse need few months later for Bitcoin raise up but habit with end years Bitcoin always drop make us pessimistic with Bitcoin can recovering as soon possible.
I am not loss with Bitcoin price going down, but I have several kinds investment in potential altcoin and right now still waiting when recovering price coming.