BTC's bottom is likely around $5.5K

BTC broke it's long-term trend at 8.5k, (giving those who followed my last call and bought at 8k the chance to exit with profit during the 20% bounce). I don't believe this is a double bounce, so I'm expecting a bottom around the next level of support between 5k and 6k as the mainstream that boosted BTC 300% from 5k start to cover their positions.