The medium-term future of bitcoin depends on the ability of bears to break the psychological barrier of 6000
In case of Bitcoin failure, it can touch the price of 52000-51000 again, but if the bears have hibernated, a pleasant Christmas is ahead.
The number 60000 has strong supports, but it is already broken, so it may break at any moment
If you are an analyst...
This ADX seems to be heading to a third wave that will be stronger than the other previous two. There may be some retracing in between with a short opportunity between now and christmas. I believe we will keep on an old support and won't go below 400. Then Santa's rally will come and keep up till 2016, then.... who knows, hopefully some sideways calm period,...
