Why question is important for analytical assessment. Many people calling for double bottom or under 5K, but BTC seems like does not care about them all lmao. I think whales are divided seems like strong whales does not want BTC to be lower than 6K. Although many people shorting and some whales are dumping hard, it is not strong enough to push price down any further than 6.4K. Soon we will understand this price range is blessing but BTC will be long gone (Sorry 4K and 3K waiters).
Like I said earlier in my previous analysis, if we were to drop 5K below we should have done so by now. Why for instance BTC stop at 5950 area in February? There is something magical about 6k area. If BTC drops below 5K, I will quit TA which I just started lmao. Peace!