I would not consider predicting Bitcoin to drop down before the real bounce, it is not really looking visible but this is still speculative. Bitcoin right now only needs a little more trigger to hit the road running again to the 6 digits. A lot of positive news have come under the coin Bitcoin, so much from US which happens to be the biggest economy, capable of creating a real bull that will be unprecedented. Trump administration is supporting Bitcoin with making it a reserve of their currency. Few days back, a bill came up from South Carolina to make 10% of their finance hodl in bitcoin. Hoping for a drop from bitcoin this time around is still speculative.
But, how can one bounce if it won't fall first? Maybe if we can say rise or recover, that is okay and we can always do that. In fact it might have happened already, as I heard nowadays that someone have pumped the market. Anyways yeah, we are speculating here because it is hard to see stuffs. Depending on how down we are, we can say that we only need a little more trigger or we need more of it. Even though the positive news is only in BTC, other coins can still benefit out it. So it is still a win-win situation. The rise we have last time is a real bull already. It is not different from what US can do this time but maybe they can only bring more rise than it.