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rutt

BTC is it headed back to 6K or 10K and beyond ?

Bitcoin (BITSTAMP:BTCUSD)  
rutt Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTC Cryptocurrency crypto Technical Analysis technicals BIT Bitcoin (Cryptocurrency) bitcoinforecast
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BTC looks to be currently going parabolic which normally means a retracement is due. This is coinciding with strong overhead Resistance at approx 10K. Good luck all!
Comment:
Very bearish November for BTC. We are getting very close to major support at around 6.1K (stated in analysis). Could be a very good buy price for a long term hold. Looks to be at the very least a dollar cost average entry point.
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