Things could still get worse as although Bitcoin has fallen so much already this year, it isn't among the worst percentage Bitcoin has fallen in a bear market which means we could see further downfall especially if the general economy of the world isn't doing so well in 2023.
There are speculations that we can see Bitcoin go as low as $10,000, I can't doubt that because there's a possibility considering we aren't halving yet. Although we can only hope for the best.
I think any way the market goes we should embrace it and take full advantage of it. If we see a downfall, we buy more and if we see some upward movement, we take profit.