Bitcoin has formed a falling wedge , and it is at the moment that it is testing the support as it has broken above.

• If this point, 60,000 stands still then we are heading up with first stop at 67,000, and with possibility to surpass the barrier of 70K.
• If the support of 60K breaks, then we are going down at the lvl of 55K, with a possibility of going further down and testing the strong support of 49K.

Personally I believe that this month we will retest the support of 55K, and will buffer some volume in order to head north, which in my opinion based on fundamental analysis , will happen in December, when we will break the barrier of 70K!