Dead cat bounce, bitcoin is going back to $3k. Small traders are selling now.
Its not panic, people want to buy cheaper after Peter Brandt prediction.
Prices don't usually go to where the average joe has placed their orders, and now that most people are expecting an exact 3k or 3.2k as it is the only major support below the 200MA, chances are we will not dip to that level again, and if so happens then we will also more likely go lower. In general you don't really want to except bitcoin at popular prices like 3k,1k not even 20k.