BTCUSD will likely target 2900 before finding support

Watch out below. BTCUSD will likely continue to fall within the RED price channels attempting to find support. My guess is that $2900 will act as moderate support over the next 30~90 days.

Below that level, $2200~2300 will be the next level lower. After that, we might as well hang it all up because below the $2000 level, we could see BTCUSD fall all the way back to sub-$700 levels.