I've just finished writing a post on why I think the price might go as low as 3000$. This was a bubble and it popped pretty bad so the next support line that can handle the drop is at the mentioned level. For more check out my analysis:
https://steemit.com/bitcoin/@drumsta/ta-is-bitcoin-falling-to-3000usd
RE: Bitcoin (BTC) Morning Update: A Bounce Expected