I gave the target for bitcoin at $1700-$1800 for near term few weeks ago. This is already reached.
https://steemit.com/bitcoin/@dualsoft/bitcoin-target-can-be-seen-near-term-at-usd1700-usd1800-range
Due to profit booking and due to certain rule and regulation implementation across the world for bitcoin this happened due to short selling.
I am happy for this level and want to buy at this level. I would suggest to buy at this level for further for $3000+ resistance.
I believe this can be bull run and keep long for at-least 1 year. Buy near $1700 level and Sell at $5000+ level in long run.
Cheers, Enjoy trade and keep invest to support Bitcoin.