I don't doubt this is possible, a move to mid $9k to re-test the descending triangle breakdown, I'm still waiting on this to occur hence avoiding adding to any short positions. However, why the price would find support again in the mid $8k's doesn't add up to me personally. Of course it could happen, but I don't see any reasoning at present. For starters, the 200 Day MA by that time will be even closer to $9k than it is now, so the price would again be stuck underneath it in a bearish fashion. A rejection from the triangle breakdown would be detrimental to the price and confirm a longer-term downtrend in my mind. The chances of the $8k area holding a second time within a short time span seems very low in this sense.

I also read you don't rule out $6k, so well aware you recognize this could happen too. Call me boring, but I'm still waiting for the target of the triangle breakdown to be achieved before laddering heavily, which Bitcoin in the past as respected more than most asset classes. Either that or a decent buying opportunity that currently doesn't present itself in my opinion.

Just throwing in my two satoshis to the speculation.