There are strong support lines around $8k and $6k (thick green lines) and a weaker support line around $10k, only 3 days at this level. The $10k level may provide a strong psychological support line for a lot of people who feel they won't be able to buy bitcoin at less that.
Stochastics have entered into the oversold zone and the price is touching the bottom of the , both signals that the price will bounce.
signs in the current (s) suggest it could break below the $10k line. I personally think that it won't drop below the $8k but I will be keeping some fiat back just incase.
As for entry points, I will be buying more BTC just above the $10k level and then again around the $8k and the rest I want to invest at $7k, I think $6k is very unlikely because the 200-day MA is at $7k.
Please post comments, thoughts, other possibilities, anything I've missed or ways I could be wrong. Constructive criticism is always appreciated :-)