It is probably going to bounce back even more, it was at a stagnant pace for quite some time, and many thing happened in China, Korea, even India, and after the January 26 it had it's first array of sunlight after a whole lot of rain. So bouncing back is not the question, the main one is when? If we look at the past for reference, Bitcoin had some quite violent bounces, so Buy low and hold. :D 
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yeah, the China Korea and India pretty much shook me in mid January, my wallet lost 40% of its ATH, but January has always been a bad month for stocks and cryptocurrencies, Today i bought 1ST and UBQ, lets see what happens at the start of februrary (2-4), thats the time, where people get their salary. The next hard time for Stock and Cryptos is late August to end of September. But yeah, right now i have my core positions on many many alts and 30% fiat in case btc decreases to 8k or smth... Thank you for the comment :)