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 price is trading in a low price that is a fact, but i do not think that it is going down any more. I think that bitcoin price will get good support at 6000$. Because still investors are interested in bitcoin and therefore most of the people still going to invest money in bitcoin and therefore we do not think that bitcoin price will dump below 6000$ but will hopefully start increasing very soon.