No one knows for sure what is going to be the price of a coin or when the market is going to go up will go down, you need to get those thoughts out of your mind, what you need to do is to figure out how to make money in this market even when you do not have that knowledge.
It is still in a very strong bearish condition as far as I am concerned, and I wont be surprised if it peradventure ends up going down lower in coming days. For now, no one can really say how far or how low it would go as the market can switch turns at any time. Nothing however, in terms of news is good enough to help bring volume back to the market at this point, so in that case, I would not want to bank on the price moving up too much or for too long.
It's unpredictable. Just like a little while ago. The bitcoin price drop very low and then it will go up once again.
So far so good, we have seen the bears back to work again and how far they are going to drive this one is only going to be known with time. For what it is, it is obviously already for those who were busy calling moons from the previous quick rise in price to know this is a very unpredictable market and absolutely no one can know what happens next which is why trend following is the only thing that can make you just blend with the market, however it comes.