My gut tells me Bitcoin is still too high. We still have to come further down from the bubble before it gets more stable. Still too many speculators are in here trying to wait the bear out. We need to shake them out. But at the same time, there is still a lot of enthusiasm for crypto so that could start pushing things up. We are starting to gain a history to help day traders figure out what they should do, and that is a good thing.
Hmm... to sum it up, I think we will probably go down again in the near future, but I also wouldn't be surprised if we get a few mini runs.