The continuing decline where Bitcoin goes to deeper and deeper levels is very clear. If the pattern continues, the next bottom will be on February 20 where it will drop below 4000. Continuing, then the next bounce will only reach up to around 7000, followed by an even deeper drop.....
I highly doubt of the possibility of this scenario. Indeed, market crashed recently which made its market value to be downed for approximately 48%. But the thing here is that, it is now starting to recover which is something to look forward on the following days for Bitcoin. So I think this is just impossible.