Chart shows that 50-100-200 MA stands in the $9,200 area. BTC needs to reach that point within days and try find stability. Reversal could occur either through Inverted Head and Shoulder pattern. If fails, plan B kicks in for a at $6,000 area.
Let's hope for the best.
This is not an invesetment advice, always do your own research.
Inverted Head & Shoulders complete. Confirmed bullish trend.