Recovery and still accumulation phase for me. Yes, we have seen the lowest low at $15,500 last November 2022, but at the start of 2023, the market has bounce back going above $24,000. So that is a healthy sign at the start of the year. But it doesn't mean that we will see or touch even $50,000-$60,000, it's too early for that one.
We will have to wait for the bitcoin block halving next year + couple of months. That has been the history after this event and hopefully it will occur again and so we can see a new ATH at 6 digits. But hopefully a good $40,000-$50,000 this year could be achieved.