Look at the monthly and weekly chart of BTC. It is fast approaching some kind of short term resolution. It is still within the downward channel but is hinting at forming a base. Forming a new base should be confirmed by tomorrow. Continued downward track could confirm almost anytime.
My guess is $84k ish, is the new base level. I hope I am wrong. I do not see any indication that a V is on the cards. Volume is putrid
Edit: Forgot the important part. BTC sets a new base and the market will drift higher. Downward trend implies more pain and the little pop on Friday was a head fake. That's the best you get bulls.