The current BTC price action is forming bearish flag which will lead us to double bottom.
There is enough RSI room for downward.
BTC is going to make a direction.
Small rebound expected at marked price level zone.
The red line could be pierced.
5850~6200 is target for bearish flag.
Time frame of the chart below is weekly.
In this case, the target is around 3550.
Going down again after recovering RSI
YELLOW : BEARISH FLAG (target : around 6200~6300)