However, the number of unique users is still increasing, although at a decreasing rate. This definitely implies that prices would not be able to maintain the same kind of growth as in the past, but it does not mean that prices could not hold steady or increase marginally.

I think you are right, however, that the fundamentals did not support a breakout at 6k, and I fully expect a retest of that low and perhaps a continued decline unless some news changes my mind. Thanks for your article, I found it very good food for thought.