If you believe the BTC market cap could end 2024 lower than $1.6 trillion, you should bet; the odds are great! For example, if you bet $10, you would win $206.
The odds are only great in this case because there is a small chance of it happening which is why it's a risky bet. It would be way safer to bet on the other side for less profit, but the risk is also a whole lot lower.
Another issue is that FUD will soon return in 2025 due to the Bitcoin cycle, it might be the time to slip back to the bearish season.
This is all just speculation. 2025 might be even better for BTC and crypto in general thanks to Trump making more pro-crypto moves or it could be worse if he made anti-crypto moves. Time will tell.