I would say Bitcoin will soon reach $6,000 or $5,000 being it's basement point. January has been just bad news one after another. From the news of South Korea possibly banning crytpocurrency trading, the scam with Bitconnect and now possibly Tether. The market is also currently going down due to the SEC and the CFTC meeting on February 6 to discuss the future of cryptocurrency.
https://www.coindesk.com/sec-cftc-chiefs-set-senate-crypto-hearing-next-week/
https://cointelegraph.com/news/us-sec-cftc-to-focus-100-on-crypto-in-dedicated-hearing-next-week
Hopefully after the lunar new year on February 16 will see the market start growing again.