I think it shows that BTC buyers are waiting for it to come around $6k before buying, so it's forming a good support now at that point. Also it proves to be a good support previously when BTC dipped to that level. I am not watching or following the charts now a days, given that most of them will tell you both side of story, and they're not that reliable. Let's see if on the upside we can break $6.5k resistance and then even more stronger $6.8k resistance or not.