There's no particular reason that BTC 0.40% would follow the path I projected with the arrows. Looking at the RSI , market sentiment and the last correction back in 14/15, I have a strong suspicion that BTC 0.40% isn't going anywhere near the moon :P It may be that this correction approximately lasts as long as the last one, so I believe that we could face the 3k area either way within 90 to 120 days. The arguments I made are perfectly invalid and I clearly don't know what I'm talking about.