I'm hesitant to state that we may break out of the current . We're near the upper edge now and if we to break out, we could really move up and I may have to update my again in a month or two after we see the new emerge.
Being that we're near the top of the , we may go sideways and slowly upward for a bit with a slow increase until Jan-20th where we could still be near or around the $10,000 mark if we stay in the upper level (unlikely). Alternately, we may still bounce around between the top and bottom of the until January and could hit a high of $8-10k while staying in the current .
If we break above the (I'm kind of thinking we will, which means the future will be uncertain. Great but uncertain and could get more volatile for a month or two after a rapid rise.
If we drop within the current , currently we could see numbers as low as $3000-3600, but I'm doubtful that we will fall that far without some major event causing a flash-crash.
I feel we are very much on track for a November 5th target of $7000 coming to fruition and if this target is hit, we could see a rapid rally out of the top of the , possibly jumping another $1000 to $8000 within a 24 hour period after that.