According to Elon Musk, the price of Bitcoin will increase by the end of winter. And we should not lose hope. We have to harden our minds. And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market. Whoever has the amount of BTC deposited, rest assured. And wait, something good will come inshallah. Inshallah BTC price will increase by mid 2023. And I believe in Elon Musk's words, so you should continue to believe. The price will definitely increase.
https://imgur.com/a/XFaaPeIElon Musks prediction probably has a 1 or 2% higher validity than your local hair-stylist's opinion.
Staying in Bitcoin or crypto because some overhyped-polarizing-dude like Elon said it's good kind of misses the point of a decentralized, autonomous, borderless cryptocurrency such as Bitcoin by 100%.
That being said, we are currently in a bear market, created by a couple of huge and even more tiny factors. How long it will last nobody can predict.
My personal guess is that there is a good chance to see a massive bull-market after the next halving in 2024:
https://www.nicehash.com/countdown/BTC-halving-2024-05-10-12:00Until then lots of things can happen, maybe we see a few medium-sized ups-and downs.
I wouldn't expect much lower Bitcoin prices than right now, but you can never plan for big Black Swan events such as FTX or maybe a USDT-insovency etc or some crazy government sanctions on mining/energy etc.
A good point to keep in mind: Anyone saying they know what's gonna happen is either stupid or a scammer.