Legal Disclaimer: No one knows the future! It's not a financial advise. This is only my opinion, just sharing my thoughts and technical analysis practice!!!!
Does bitcoin history repeat itself? Back in July 15th 2017, the bitcoin was dropped from $3000 to $1770 in 4 weeks and than bounced back. The bound pattern is very similar to today's pattern. If bitcoin is to reach $25,000 soon, you should check out how bitcoin reached $5,000 in 6 weeks.
The black shadow candle stick is from 7/17/2017 - 8/7/2017
Here is another similar drop pattern from $2800 to $1900 back in May 24th, 2017. The gray shadow drop pattern is even identical.
Now if we combine those two patterns, we can watch which path does bitcoin want to go...