In my reading of the Elliottwave structure and previous idea posted on the day of the bottom in Bitcoin, I see it falling further to the area around 5500 and from there to minimum 18300 and possibly 20000.
Good luck and trade safely
Last time bitcoin reached this area it ended reaching 20,000 which is top of wave 3.
Assuming we will conclude wave 4 at 3013-3200 wave 5 should take it to 25,333 and possibly 28,000.
Alternatively look for a bottom at 2267-2276.
Current level is investment area from a value point of view.