The major resistance line (dark purple) formed from the 20k and 12k peaks is very difficult to break BTC is trying repeatedly as we speak to crack through and success may indicate a strong bullish breakout.
On the bearish side of things a break below around $8370 will signify further decrease in price possibly to ~7800 and then to possibly test the low of ~$5990.
On the bearish side of things a break below around $8370 will signify further decrease in price possibly to ~7800 and then to possibly test the low of ~$5990.