We will see BTC USD go back to the north after the sell off. BTC/USD looks to have been establishing a support level at around 13.5k for weeks. Most look at a 10K or lower BTC as a definite, but i think the floor is the 13.5k range. Sure we have seen these spikes below, but that is mainly due to weak hands panicking and dumping all of their coins to supposedly save cash. BTC will snap back to the range with the green line targets on the chart being hit within the next few days,
My arrows are for representational purposes, they will not follow them exactly, but the path is what is important.