The market has rebounded. There will be gains for the next couple of days. If you look at the and oscillator patterns for the , you will see a change back to a buy market. Whether or not the next days signal a massive return to the 9000's for BTC is unknown. However, the idea is that the chance of a significant drop is highly unlikely.
-Daily oscillator only shows -3.7
-The market has been slowly trending up, meaning that buyers outweigh the sellers
-RSI moves to 55 and trends upwards, signaling a buy movement.