In my opinion, not yet. The chart is forming a descending triangle: I think that first of all, btc has to touch the blue dashed line (base of the triangle) for the 3rd time (6200 usd area). From this point we could have a bounce ( blue arc) or a dump to the red line (support in area 5500 usd).
Looking at the there is a possibilty to see 3500-3000 usd area. This theory is confirmed by the cycles too. Looking at the past we had the same correction in 2014-2015. It was a 3 years cycle (full 3 year cycle). This could be another 3 years cycle and we could be at the end.
Honestly, I don't think we will reach 3000 usd now, but a dump in 6200-5600 usd area is very possible. If the last support (5500 usd) won't holdm another dump will arrive. Stay safe guys and wait to open every position!