BTC 1 month outlook

BTC still showing signs of weakness. I anticipate a drop to the $6k level by the end of the weekend. This is a crucial support zone, as a breakdown will trigger several sells as well as stops on long positions, causing a likely drop to the $4500 zone over the next few weeks. Once we go under $5,000 I anticipate buy orders to begin stacking as many HODLers start losing hope.