I think it will be more demand and its price and will increase even more unexpectedly. Although its price drops does not mean that no bitcoin supporters have a lot reason of its drop but we expect it to increase in the coming days.
Yes, there is truth and practically it is possible if it's implemented in the right way during the downfall when the volatility is low with low momentum in action. If during the downfall if you see some signs of strength and if the chart analysis shows that the candle is having enough demand by starting with a big range of volatility then you can expect that the strength is coming soon and the bitcoin prices will be starting to rise soon. And I think that rise is expected to be seen soon and the bitcoin value will be sure to multiply if the rise will continue to work for another three months. But right now the market is still in sideways zone and we should be waiting for signs of confirmation.