A classic Fibonacci retracement could land BTC/USD at $6,300 or lower and still not disturb the long-term trend.
Source: https://cointelegraph.com/news/bitcoin-dropping-to-6k-golden-pocket-isnt-bearish-says-trader
Bitcoin Dropping to $6K ‘Golden Pocket’ Isn’t Bearish, Says Trader
June 26, 2020
CoinTelegraph