Still a possibility for Bitcoin to break down the the $6.5k - $7.5k zone with the uncertainty in the upcoming election but all fundamentals are bullish. Alot of resistance at $12200 - $12500 , If those resistance levels are broken then bulls will try to push price to the next and last resistance before previous ATH at $14k. It could easily start off a parabolic run going into early- mid 2021. Short term bullish target is $12000- $12500 and at the end of December/ Beginning of January a huge move will happen, Im predicting a flash crash like in march that gets bought right back up.
Comment:
Recent events made bitcoin break out much faster than expected. Hoping it holds at 12300 , Looks like it will hold and keep moving higher, but if 12300 is broken expect movement to the downside to as low as 10,800 - 11,000