BTC broke out of triangle a few days ago, but the volume it broke out with leaves me suspect. Now price is hammering support at 5985, and demand overall looks weak. Unless BTC can show strength, volume really picks up, and price can climb above 6k and have a few candles close about it, I'm short.
Looking at the long term chart, we are still inside the triangle, but we need to see a bounce from here or else the selling will continue. This trend line represent bullish demand dating back to 2017, and if it fails, the selling will be aggressive.
Daily shows that price did bounce off the trend line / order block, but it looks like that has now run out of steam and price is headed back down.