Looking at the BIG PICTURE we have been making slow and steady growth. While i still do believe we may still go down under 6k eventually, the slow growth indicates we won't be experiencing any sudden falls anytime soon. If BTC manages to go below 9200, it is unlikely to go below 9000 and even less likely to go under 8700. Similar sideways action in the past has seemed to be followed by significant rallies. Me thinks 90% chance we go up from here, or possibly sideways for several days, but a drastic drop would definitely be out of characteristic for the current upward wave formation. This looks to be a shakeout of weak hands before a big rally. I'm HODLING tight for now. Pls thumbs up if you find my insight useful. Thanks! Props to great advice from botje11 but I believe 9200 will hold! I highly recommend following this trader!
(disclaimer - not financial advice)
