in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ... tell me your opinion about this .
This current scenario will be just the same to the old days of dump and regain back, and those people who buy now will be the one who will get more profits since by this time it is the great time to buy some stocks. And last time I saw as of today the price goes down to 4000$ and now the current one is 4,235$ so profits are been gotten for this early times.
I don't think that the prices will be back to where we were a week ago, but I think they will be stable at a level we have at the moment.
People don't see that big red minus anymore on the price tables. This decreases their panic and their urge to sell.
Everybody who has not sold yet will now think that it will be better not to rush thing and sit this one out.
Why ? No one can predict the future in exact but if that so it is still good to invest in bitcoin. The price of it is still higher than we expected but we never know, lets just see what will happen after the dump.
OP asked for a personal prediction for the next few days based on logic. Not prediction for a longer future.
My logic is psychology.
I think that the dump is still in the head of the people. Of course they are happy not to see the minus anymore.
But will they immediatelly reenter the market after the shock? I don't think so.
I suppose they will not sell either, because it's not going down any further.
So my expectations for the next few days would be that many people won't make any move until they have that panic feeling out of their systems.
We stay at the level we have at the moment.