BTC BEARISH TREND TO CONTINUE?

On the hourly, BTC has been taking a little dive which has brought a few Alts down also, looking here...could BTC be making support at the 200 EMA before moving back into a bullish trend to retest support-turn-resistance levels?

Im personally seeing a pull back to the 161% fib retracement, and then from there, a strong bullish reversal. what do you think?