I concur with XUR, the bear market has arrived, has only started, and has been overdue. We might get one more pump but it will be tiny. Many alts will not survive the bear market. Some will, but price will see a lot of decline.
Speaking from my intuition I don't think that bitcoin will dip far as being predicted. It may dip but the recovery will be fast because more hands have come in and more are buying, the bull is going to run faster than before. The expectation is that the number of hodlers at the next bull will outweigh the previous so that can contribute to higher levels. At this time however a dip but quick recovery.