My prediction is that there will be a downturn until mid-2024, both for Bitcoin and altcoins. When the economy is down and the interest rates are rather high, like it is in most countries worldwide - people will be selling off some of their crypto holdings and that will put pressure on the prices. I don't think there will be a crypto market pump before the interest rates starts to be lowered at least 1-2 times in some major markets like the U.S and EU.
It's hard to guess what's gonna happen with the crypto market. Everything is still stuck at the same place this time. Bitcoin was also feeling so hard in surpassing 31k sub. It's going up and down again after the hype has gone.
There have been also many bad news came to the crypto community like FTX will be liquidating a lot of crypto to pay its creditors. The relationship between crypto market and interest rate is not so strong.
The pump in crypto can happen anytime without even following the condition of interest rate. The FED is still trying to consider whether they need to increase it even more.
Bitcoin still stuck at the same place for some time. Some people were predicting bitcoin would moon but i just wanna wait for another halving to be done.