Not going to be happening much today, tomorrow we might see another drop, and after it, price will continue to raise. This crypto might no longer go under 16000USD, only higher and higher now. It might be 22-23000 by the February. If the chart I've made works, it might look more or less like this. Remember that sudden spikes of price are like coffee, not good for you in the long run.
That last line you mentioned is astoundingly true. Anyone thats been trading any length of time is familiar with the pump and dump. Things that go up parabolicaly WILL go down in kind.