two reasons from the technical standpoint that the bitcoin has not yet reached the bottom:
1. we have not yet seen the panic selloff with crazy high volume (aka the capitulation candle) 2. price bounced off at a long-term support level and then started showing weakness during consolidation. (hidden bear div on the daily)
so I believe bitcoin will reach a lower low in the coming months, and the next bottom could be around $2500,$1800, $1500 or $1200.
@artem19840910, a short-term bounce to the 5000ish area is definitely possible, but that does not mean trend reversal and it may trigger a new round of decline to push the price even lower.