Next two months is possible but highly improbable.
As you have said the economic downturn is affecting the purchasing power of the retail investors and so they are unlikely to play a big role in the next two months and perhaps even longer.
As for the institutional investors, I think they are in the ""accumulation mode" and that is likely to last beyond the next two months. Two months is too short, imho.
RE: South or North, where do you see BTC in the coming months?