BTC formed a 2 layered bear flag and currently resting on the lower layer. Next big move will be to sub $6k. Before that, it may test the upper layer, $6.6k.
Trade closed: target reached:
Bear flag broke down as expected but hit to a heavy resistance at $6.2k. It may still go for sub $6k but it is no longer a low risk trade for me, so I closed at $6175 with profit.