Looking at the daily candles I identified a pattern in the downtrend. After the false breakout of the last days, if the movement are respected, we may see BTC touch $ 1500 in mid march, before rising to 5800 trying breakout again April the first. Is it an april fool's joke? Who knows, anyway just sharing my idea, let me know what you think about.
$1,500 would be very welcome to many who feel that they missed the BTC boat the first time ashore. Personally I would probably start buying 10ths of a bitcoin starting at $3,000 or less until it reversed or until I hit my cash limit. Of course that depends on what the charts are saying at the time.... If there were to be some sort of flash crash and recovery I might dump in much more much faster.