As 2022 ended, BTC is trading at $16.7k. The bear market might be coming to an end.
There are two scenarios for BTC this year, bullish and bearish scenarios.
Bullish scenario – repeat of 2019 with a 2-3x rally just after the end of 2018 bear market.
Bearish scenario – repeat of 2016 scenario with a quick drop and sideways trading for almost an year just after the end of the 2015 bear market.