Not really. The panic dump was triggered from a lot of FUD that was happening in China, and most of that was irrational. Even though yes, a few days ago we've seen some bearish markets but now the trend has turned bullish once again.

I'd say that $2k is still possible for this year but most likely if we were ever going to go down to $2k it's going to be next year. And there must be some big news to initiate the sell-off.

The support is strong at $3k so it won't be easy to break $2k.