bitcoin down trend to 3000
the down trend will confirmed under 5800$
I agree with you that down trend is 5800$ before the start of the bull run, there is a lot of dumpers who continue to drop down the price of the bitcoin because of the panic seller if only the newbie still hold their coin and don't afraid on what is happening on the market the price of it will continue to pump but let us see what bitcoin can do in this year.
Bitcoin currently trading in a low rate, and still continue to dump, but i think that very soon bitcoin will get a good support and i do not think that it will drop from 6000$. I think now we do not have to wait more and hope that bitcoin price will start pumping again, because still people are interested to invest their money in bitcoin and therefore more chances are that bitcoin price will very soon raise too much high.