If Bitcoin is not going to freefall and go to $1,040, then a reversal and double bottom is possible. I see similar consolidation periods after the last bull run. I will say that current volume doesn't support a bull run in the near future but that can change in a couple weeks. Look out for new all time high and sell signs around 50k if a reversal trend starts in the next couple weeks. If Bitcoin breaks $12,400 area which is significant support then the bull run is definitely over.
Avange-Lina