This is not financial advice this is merely my opinion.
Market sentiment is with the bears. bitcoin isn't down and out, every one wants in, but at a cheaper price. We have already broke through 8800 support. 7600 is in the cards pretty soon. Grab some Satoshi's at the 7600-7700 region.
If support at the fib 1.618 breaks. we can see ~~6400 sooner than later. Also a good entry. This is ultimately the ground for BTC and bull can definitely build up enough steam to break the 10.5k long term resistance.