BTC's uptrend was limited as it tried to break the $7k resistance definitively. It could due to the RBI's new regulations, but depends on how the markets hold up at the $6.5k support level. Currently we're seeing a small rebound of about 1% gain from yesterday, which is nice to see.

If this current increase in price does not continue and the price stagnates, there is definitely a potential of the price going down further during the week.

I don't think that we're out of this bear market yet, which means that most likely we're going to see lower levels sooner or later. $6k will happen at some point in my opinion, as markets try to adjust and consolidate at lower prices during the year. Just not sure if that's going to happen this week.