Is $3,000 is the bottom for BTC?

BTCUSD is currently dancing within a narrow range in the wake of the big waterfall drop. It tested the monthly lows around $3,200. A move that was ignited after BTCUSD was rejected at $3,400. The asset is also exchanging hands below the hourly range moving averages. Sellers are not done and BTC is still staring at $3,000. Some experts believe this to be the bottom for BTC. Likewise, other experts say that BTC will hit lows of $2,500 before a reversal comes to play in the 1st quarter of 2019.