We are looking for consolidation/rejection at the $3000 mark, look for candle reversals and difficulty passing through this level, if $3000 is broken and we have a full candle close below we can expect seeing $2500 in the near future again looking for reversal signal at this strong psychological level.
IF WE BREAK $2500 we would be at our last resort the $2000 mark which I believe is the absolute rock bottom for Bitcoin, if we break $2000 there will be grim future for Bitcoin, but that is highly unlikely! Please take this information and observe the market, I will regularly update my analysis on BTC/USD and share my thoughts on reversal areas, thank you!