I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?
It shouldn't drop that low any time soon or at least this year.
We have very very firm support at $3k. When we see price drop down below that it is always temporary and very short lived, and very very soon the price is able to bounce back up again because people know that it is a cheap level to accumulate at.
Next year i think we may see $2.5k per coin as the bull market slows down, but still, $2k seems unlikely.