For Bitcoin or any other cryptocurrency to demonstrate a proper trend reversal, the market would have to recover by at least 70 to 80 percent.
source https://www.google.com/url?rct=j&sa=t&url=https://www.ccn.com/bitcoin-hits-4000-but-retraces-is-another-drop-to-mid-3000-next/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNGX230Nsz4scQ7namH-wgqGp1tJlw
