I think there are 3 possible scenarios in bitcoin 0.24% right now.
1- Healthy bearish dump (yellow): If this is a healthy dump, we should expect to revisit 5.8k resistance as next move and after that continue to move downward. This scenario will result in months of consolidation below 6k.
2- Unhealthy bearish dump (red). If we continue to move downward without testing 5.8k, I think it will be an unhealthy bearish dump and consolidation below 6k will not take as long as 1st scenario. We will dump hard and fast, so the come back will be hard and fast as well.
3- Bullish spring (green). If this is a bullish spring to shake out weak hands and create liquidity, then first we will visit 5K area (maybe a little lower up to 4.5k) and then pump and get through 5.8k resistance at first attempt, rekting resistance shorters.
In all scenarios, getting above 6k will initiate next bull run.