$6k may seem like support right now, but there is every chance that we're falling through that and consolidating at lower levels. That being said, I doubt that it's going to be anything less than $4k.
The thing with this market is that it does the opposite of what people expect, and when we do come close to that important $6000 mark, the mass thinks it will break, but the price will likely bounce back up.
Current price is close to fair, and if we do manage to keep it above the $7000 mark, it will help increase people's confidence from where we potentially might have seen a new bottom form.
I however can't rule out the possibility of another $6400 test, and if that level turns out to hold, we might bounce back up for ever. The coming few weeks will prove to be very important for the market, that's for sure.
