BTC looks weak after breaking through the counter trend in the bearish direction. As well after failing to break through the $6500 resistance I believe there might be another bearish movement lower. If the $6240 support level is broken this should fall rather quickly. With the $5800 level (Blue region) being met once again. Ill reassesses at that point as it will most likely result in further movement to the downside if that level is violated. This is a risky trade as it could turn into an ugly inverted head and shoulders pattern so I will be vigilant of a bullish surge higher.