As a true Bitcoin believer people need to be realistic. It's perfectly possible to test $5000 in the coming weeks or months (no I don't imply it will actually happen, just that the possibility is there). Following the long term downtrend has been the most consistent and profitable indicator, and people keep ignoring it because they blindly assume that $6000 is the safe haven support level.

If the downtrend continues, we'll see the next lower high settle somewhere around $7000 (give or take a few hundred). The 2014/2015 bear market counted exactly 4 lower lows from where we went up, and currently we're working towards the potentially 3th lower low. It basically means that if the situation repeats itself, which might or might not happen, we're at least half way through which is a good thing.