Bitcoin! 6th day theory

Hello Traders,

Once again, there was a major Bitcoin crash today. As you recall from my last analysis, I mentioned the possibility of seeing 6K Bitcoin again in the imminent future.

Looking at the daily chart, Bitcoin bounced again at the pink resistance line, and testing blue trendline as the support. Let me give you both perspective for both bull and bear in this analysis, as no technical chart can predict the Bitcoin movement at this point.

Bull View: In every 6th day of each month, we see a sign of trend reversal.
Bull reversal: Feb, April
Bear reversal: Jan, March, May, and June
Bull reversal and bear reversal usually alternate and it seems like June was the only month that break the pattern. So, we can probably expect bull reversal for July.
Additionally, RSI at the oversold region for awhile.

Bear view: If I were to play bear in this scenario, this is probably the best place to cause panic sell. If bear manages to break blue trendline, we will probably see very VERY high selling volume as it officially breaks triple bottom formation, and Bitcoin will probably find support at $5400. Bitcoin just dropped $600 in one day, so I won't be surprised that if we see another $600 drop.

Happy trading!