I can not confirm that exactly. Yes, there was a crash that marked a bottom, after a fall of that magnitude, it is always followed by a pullback either by correction, by overselling or another reason.
I tell you what I see now:
After that pullback there is a marked resistance in the 8k levels, which makes it start to lateralize. This can be a good factor because it would be consolidating, to take strength.
The other point of view is related to the attacks that the BTC is suffering, cornered and asphyxiating it more and more, which generates FUD, uncertainty and a total panic in the decision making of the investor.
BTC Global Signal
In synthesis, the attacks are slowed down I see a lateralization and the worst has already happened. If they continue there may be a retracement but I do not think that it is such a magnitude.
RE: BTC/USD UPDATE 02/06/2018 The black monday or the black week?