Now, on the way down we've formed a thick layer of resistance and this could be tough to get through. Be sure to keep an eye on these resistance levels as it could get even worse if we have a major attempt and a huge fail.
Keep a sharp eye for a strong turn around with the being this low, especially where we're beginning to consolidate into the end of this .
As of right now it looks like we'll be seeing BTC at $6K around Feb 20th before this closes, but a breakout could happen if we get out of this early.
On the positive side, if we break through this thick we could see new all time highs.