According to the idea, bitcoin should now linger at this point and soon give growth but the bears are very densely sat on the market and Yes this moment is not predictable what will happen.
We are talking about not getting panic, actually this is right time to implement all such counters against this panic sealing. People have hold their money since last December and till now they were hopeful from bitcoin to earn satisfactory profits. But despite all such downfalls in these eight moments, they never give up. But this bear run might be not much interesting for them to hold anymore.