Thanks @crypto-investor, on a personal level I believe that Bitcoin is still overvalued at $6000 but I can see the case why some large players could have an interest in providing price support at this level (miners defending break even price for example). However it could very well be another 6 months to a year of bear trend before we go back into accumulation and kick off a brand new market cycle. Exciting times ahead for those who traded wisely though ! Cheers!