First of all, little history about my current position in BTC. I had position in BTC till it fell down to 10k, and bought back at second dip at 6k range. Despite that I though that it couldn't break trough resistance level from early January (gray line) and sold my BTC at 8k. After it broke trough 8k, I was waiting to see if it could break 10k resistance and it...
First reversal candle on 64% retracement exactly as it was in 2014, but Bitcoin couldn't break trough 8300 resistance and 50 MA.
Bitcoin either comes down and finds support at 7000 mark holds and tests again 50 day MA and breaks trough, or Bitcoin breaks down 7000 and falls till 5350 mark (second point of retracement of 2014).
I don't think Bitcoin would go lower...