this level currently does have some impact on the way above because it's the 38.2% retracement from the ATH at $19666 (100%) down to 2018 AYL at $3122.3 (0%). it's the biggest picture if you zoom out and should have also the most importance.

(*) Bitstamp data timeframe 1w
As you all know, I know shit about TA. Is it good for us?