We have to expect that there will be resistance approaching $5K. It's had a good run of late. I was previously long and thinking BTC would catch a bid leading up to Oct 25 as people want more free coins....but now everyone is talking about it so that enthusiasm may have run it's course and been priced in. I hate being with the herd so I traded out last night.

BIG risk of a double top formation if it fails to get through $5K so the next 2 weeks are going to be important. I personally think we might be range bound for a little while as the BTG free shitcoin crowd battles it out with the TA resistance traders....and then a big move either way once we have a winner.

If it's up then we are probably heading for a blow-off top in November to coincide with the SegWit2x fork.