BTC - Worst case scenario, what happens if no bounce at 6200 ?

Im still hopeful BTC can bounce at 6200

....BUT
if there is no bounce at 6200 then BTC can fall to 5800
falling past 5800 will open the door for a long slow drop down to the 2300 area.

Kommentera:

I honestly dont see BTC giving up the 5800 support easily.
5800 is the last line of defense and its good support , its going to take the bears a bit of work to move lower than 5800.