Based on the development of recent days, I think that there is probably more of a chance that we will go on a small rally first before price probably continues to tank further. Eventually I think the $6.6k support will not hold up, and bitcoin will fall under that. But not this week.

This pump is one a reaction to the $6.6k support level holding up nicely without collapse, and also can be attributed to Tom Lee saying that bitcoin's bear market will take a break on tax day in the US.

But either way, I don't think that this small rally will go anywhere beyond perhaps $8.5k in terms of pricing. Most likely the price will be brought down further since we are not fully out of the bear market right now.