Yes it's true that 2022 is a bloody year for Bitcoin just like this picture. But this is not the only case. In the past, such a situation was also seen in 2018 in terms of the price of Bitcoin. However, Bitcoin was backed out of the service. So I think there will be bloody days like this but at the end of the day Bitcoin will stand its head high to the moon.

2021: China bans BTC mining. Bitcoin recovers in just 5 months.
2022-23: $32 billion exchange FTX collapses. Bitcoin recovers in just 2 months.
#Bitcoin is unstoppable ✊ source