If t's right what 'they' bulls said about BTC will reach new ATH in 2022, then probably this is what will be played. If isn't, then it's the start of winter of crypto market. BUT, meta is still warm and hyped, mainstream adoption used by governance and society seems more close, and btc spot ETF perhaps will come out somewhere Q1 2022 will be catalyst to reach new ATH and the ground of hope before we fall to cold ice water of winter in arctic.
The FUD is still around the Fed. But can be catalyst too if BTC is considered for store of value to hedge against inflation. Buuut, I don't know, BUT. i pretty confident in the short-mid term that BTC will revisit 41k just like before.
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