Inverted head and shoulder (blue line) rejected and a drop to the same support 3140, can go lower all the way to 2850-2900. Then a bounce happens that everyone are waiting for to 4500 - 5000. Will be very short lived, it will probably be just a thin line and it will drop in few minutes just so most people won't be able to react. The final bottom will be at around 1300, but could even reach as low as $ 700. Why so low? Just to scare off 2014 hodlers that are holding the majority of BTC's. At this point the majority of people will give up on crypto and you will see the nastiest red candle you've ever seen in your life.