As it's been anticipated in my last BTC update it got rejected by the 34 days WMA (Yellow) and within the next 10-12 days BTC is about to test 34 weeks WMA  (White Dotted), currently @ $2813. If it gains enough momentum it may drop to volatility implied targets of $2544 or even $2240

However, another attempt to get above 34 WMA is not completely ruled out either. But even if it happens to change the market sentiment we need a daily close above $3988.

https://www.mql5.com/en/charts/7654766/btcusd-d1-fxopen-investments-inc
https://charts.mql5.com/16/226/btcusd-d1-fxopen-investments-inc.png