$3000 seems pretty logical. if the current bounce ends as a lower high and the dump continues, we should form a pretty strong bearish trend. $3k is a major support level from 2017. lots of bulls will be waiting to buy there.
True. $3k is the price from August 1st, 2017. It was when BTC was forked, for the first time.
That is actually the price that if we manage to hit right now, I will pretty much be going all in on the market and even with anything lower than that, I might even end up borrowing to buy more

. Just kidding with the last part though! However, there might be some temptation to want to do that. Nonetheless, what is happening right now is what I believe as a manipulated movement as honestly that was not expected at all, but of course, we all know this market is practically a whole lot speculative, so in a way, I won't be surprised to see the whales trying to make a further attempt to make the weak hands get lost.